Cointime

Download App
iOS & Android

Crypto VC Investments Surge in May, Blockchain Infrastructure Leads the Market

June 20 (Cointime) - Despite the declining economic backdrop, crypto venture capital investments increased for the second consecutive month in May. According to Cointelegraph Research's Venture Capital Database, funding amounts rose by 34% from April, and the number of individual deals increased by 62%. The US Federal Reserve's decision to pause interest rate hikes on June 14th may be a bullish signal for financial markets, including the crypto market. Blockchain infrastructure remains the top sector for capital inflows, with Web3 leading in the number of deals conducted.

Comments

All Comments

Recommended for you