US crypto firms attracted 45% of all venture capital financing spent in the crypto business, followed by the UK (7.7%) and Singapore (5.7%).
Despite facing regulatory scrutiny in the United States, crypto firms continue to innovate, with nearly half of all capital investments flowing toward U.S. crypto businesses, according to a recent report.by crypto investment firm Galaxy Digital on July 14, the report stated that U.S.-based crypto startups had a significant share of interest from venture capital firms.
The United Kingdom took 7.7% of capital investment, with Singapore and South Korea attracting 5.7% and 5.4%, respectively. “Only $720m was raised by 10 new crypto VC funds in Q2 2023,” it noted, pointing out that this is the lowest since the beginning of the COVID-19 pandemic in the third quarter of 2020.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Dallas police officer suspended 45 days after investigation into problematic motel searchPolice officials raised questions about the search after noticing issues during a routine review of body-camera footage. Officer Jacob Hughes’ suspension was...
Read more »
Teen carjacker who shot woman in the face at Alamo Quarry Market sentenced to 45 yearsJulio Caesar Rivera was accused of a slew of carjackings in October and November 2021 when he was 18 years old, including a final failed attempt that severely injured Alana Castaneda.
Read more »
This 45-Year-Old Single Malt Comes in a Wild, Maritime-Inspired BottleOld Pulteney unleashes Bow Wave, an ultra-rare 45-year-old single malt housed in a sculptural bottle that captures the essence of stormy seas. 🌊
Read more »
39 Summer Staple Products That Have Thousands Of 5-Star ReviewsEach of these fruit fly traps lasts up to 45 days.
Read more »
NYC mayor Eric Adams to update disclosure form after failing to report crypto holdings, report saysAdams has reportedly pledged to correct his annual financial disclosure form filed with the Conflicts of Interest Board, after failing to report his cryptocurrency holdings.
Read more »