There has been a significant decline in publicly disclosed investment projects by crypto venture capitalists (VCs) during the month of October. Data from RootData indicate a 10% month-on-month decrease, with only 75 investment projects recorded compared to 83 projects in September 2023, as reported by Chinese reporter Wu Blockchain. This also marks a substantial year-on-year decrease of 45% when compared to the 135 projects reported in October 2022. The report mentioned that these statistics may experience future revisions as not all financing is immediately announced.
Decrease in Crypto VC Investments in October
