Private capital is drying up in the crypto industry
We have seen a substantial decrease in the capital invested in private crypto companies in 2022.
Jun 13th 2022
Source: Architect Partners
At the start of 2022, when private capital markets were still on fire, crypto companies raised around $1 billion or more weekly. This number has decreased as the average size of each raise is much smaller.
We still see many funding rounds, but companies generally raise less money since the valuations of private crypto companies have plummeted.