Funding now targets infrastructure, stablecoins and payments as big bets fade and Bitcoin projects bootstrap.
The crypto venture capital landscape remains subdued in the fourth quarter, with fewer high-profile funding rounds closing compared to earlier in the year.
Kaden Stadelmann, chief technology officer at Komodo Platform, told Cointelegraph that the “crypto sector is facing pressure from numerous angles,” noting that AI has siphoned considerable demand from crypto, and that “VC investment in AI far outpaces VC investment into crypto.”
Stadelmann also cited macroeconomic uncertainty as a reason venture capital firms are taking a more cautious approach.
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