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Crypto venture funding climbs for first time in nearly 2 years after bitcoin’s stellar run

Crypto venture funding climbs for first time in nearly 2 years after bitcoin's stellar run

Jonathan Raa | Nurphoto | Getty Images

Crypto had a big bounceback year in 2023. Now, venture investors are returning.

Venture funding for crypto-related companies in the fourth quarter of 2023 totaled $1.9 billion, a 2.5% increase from the prior quarter, PitchBook said Thursday. It marks the first time that venture VC investments in crypto startups have risen since the March quarter of 2022.

It’s a welcome stat for crypto entrepreneurs who’ve…


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