Crypto startups raised $883 million in February, down 13% year-on-year
ChainCatcher reported that in February, crypto startups received approximately $883 million in venture capital, representing a decrease of about 13% compared to the over $1 billion raised during the same period last year. Andrei Grachev, Managing Partner at DWF Labs, stated that investors are currently placing greater emphasis on revenue, user base, and the ability of projects to survive during bear markets, leading to more cautious investment strategies.
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