Venture capital funding in crypto rises 40% to $2.4b in Q1, show PitchBook data

Venture capital funding in crypto rises 40% to $2.4b in Q1, show PitchBook data

Photo: Bloomberg

Crypto startup funding rose for a second straight quarter to hit $2.4 billion in the first three months of 2024, PitchBook data showed, as expectations of lower interest rates and the debut of the first U.S. bitcoin spot ETF whetted investor appetite.