Q1 2024 has seen a significant increase in capital raised in the crypto and blockchain sectors. Positive legal wins, decentralized finance (DeFi) on Solana, and bitcoin ETF approvals have contributed to the heating up of the crypto VC landscape. Sectors such as SocialFi, Web3 gaming, and crypto and AI are experiencing increased activity. Founders have greater leverage in fundraising, and valuations are spiking. The tokenomic come back is driving VCs to accept lofty valuations in private rounds. The rest of 2024 is expected to see continued VC activity, with potential market frenzies.
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But why now?Where deals are flowin’ inFounder-friendly market is spiking valuationsThe tokenomic come backLooking to the rest of 202425 Impressions