Crypto Venture Funding Keeps Sliding as Investors Seek Clarity on Regulation, Adoption

Venture capital funding for crypto continues to decline, with only $1.98B invested across 376 deals in Q3 2022.

The numbers extend an 18-month trend of decreasing crypto VC investment since early 2021.

Some crypto investors remain optimistic, closing deals despite the downturn and market sentiment.

Regulatory clarity and mainstream adoption are seen as necessary for the next growth phase.

Entrepreneurs now face more steps to raise money, with VCs requiring more proof of product-market fit.