Tons of capital has been addressed in the crypto industry in recent months, but there has been a noticeable pause in implementation. That could change in the coming months.
Some VCs are taking advantage of this time as the market remains investor-friendly, while others are waiting to push capital out.
“There’s been some sort of viral dialogue that sometime around September, valuations will still drop significantly and it’s just going to be a frenzy,” Nage said.
While there may be a waiting game going on right now, the total amount of capital going into crypto is still higher than it was a year ago. Capital raised in the digital asset sector increased nearly 35% from $6.08 billion in the second quarter of 2021 to $8.13 billion in the second quarter of 2022, according to data collected on PitchBook.