Aufhellen

Crypto venture financing reaches annual low in the third quarter of 2022: Galaxy

Krypto News Österreich

Profil E-Mail LinkedIn Facebook

Transparenz: Redaktionell erstellt und geprüft.
Veröffentlicht am 28.10.2022

ImpressumRedaktionMediadaten

Sprache: DeutschEnglishFrançaisEspañolItalianoPolskiNederlandsSvenskaDanskNorskSuomiPortuguêsČeštinaMagyarSlovenčinaΕλληνικάHrvatskiSlovenščinaEestiLatviešuLietuviųБългарскиRomânăالعربية中文

Risk funds in the crypto sector have the money, but they slowly put a risk capital investor invested in the last quarter more than $ 5.5 billion in crypto startups compared to $ 8 billion in the second quarter in 2022 was a record for risk capital financing in the crypto range, but a decline in the second half could Investment company Galaxy Digital anticipate a continued slowdown. So far, 415 cryptofocussed risk funds with a total volume of $ 121 billion have been launched this year, but only $ 32 billion have been used in risk capital since the beginning of the year. “Due to the turbulent crypto market conditions in May and June, ...

Crypto venture financing reaches annual low in the third quarter of 2022: Galaxy

in the third quarter of 2022

• Risk funds in the crypto area have the money, but they only set it slowly
• Risk capital investors invested more than $ 5.5 billion in crypto startups in the last quarter, compared to $ 8 billion in the second quarter

Already 2022 was a year for Risk capital financing in the crypto area, but a decline in the second half could anticipate a continuing slowdown, according to new investigations by the investment company Galaxy Digital.

This year 415 cryptofocussed risk funds with a total volume of $ 121 billion have been launched, but only $ 32 billion has been used in risk capital since the beginning of the year.

"Due to the turbulent crypto market conditions in May and June, the funds will probably move their autumn fundraising to the fourth quarter so that the markets can calibrate", Galaxy researchers stated in their update published on Friday for risk-financing for the third quarter.

According to a second quarter of 2022, fewer crypto venture funds were launched this year than in 2021

The second quarter of 2022 marked the beginning of the decline in risk interest in the cryptor compartment, the risk -financing of Galaxy Q2- report noted. According to the report, fewer than half of the pre-seed deals were completed in the first quarter, and the trend only continued in the last quarter.

a lot of dry powder for crypto risk capitalists

Due to the continued volatility in the area, capital effort was slow. For example, Blocktower has deployed $ 20 million of its newly launched $ 150 million fund.

By mid -October, the cryptofocussed new form capital has only allocated around $ 30 % of its $ 75 million heavy find 2 Techcrunch .

The message of net inventory values by risk funds is delayed, Galaxy stated, and declining market conditions have a greater impact on allocation decisions.

"In a more stable market, the delay does not hinder the ongoing investments of the allokator, but the delay can cause problems in a very volatile market," wrote Galaxy.

This has to do with the investments of the allokator in liquid assets such as stocks and fixed -interest products that have dropped in the past six months and must therefore be re -balanced.

"Since your liquid portfolios have decreased, but you have not yet received a Q3 fund reports from your venture investments, allocators currently have no precise overview of their portfolio alder, which may make new investments in crypto VC problematic at the moment," the report added.

. .

The Post Crypto Venture Funding Hits Year-Low in Q3 2022: Galaxy is not a financial advice.