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Web3 Startup Funding Drops 82 percents YoY
cryptocurrency

Web3 Startup Funding Drops 82 percents YoY

VC funding for Web3 start-ups decreased by 82% YoY in Q1 2023, dropping to $1.7 billion. The number of big funding rounds hitting nine figures almost completely dried up over the past year. The decline in Web3 funding is attributed to investors opting for a risk-off approach and seeking opportunities in industries they know best.

Moelis Investment Bank Launches Blockchain Firm for Crypto Venture Deals
cryptocurrency

Moelis Investment Bank Launches Blockchain Firm for Crypto Venture Deals

Moelis bank has created a new group to target venture deals into firms across blockchain and crypto industry.

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