PitchBook: international VC funding for crypto startups fell to $2.4B in Q1 2023, down 80% from an all-time excessive of $12.3B in Q1 2022 and the bottom degree since 2020 (Hannah Miller/Bloomberg)

Hannah Miller / Bloomberg:

PitchBook: international VC funding for crypto startups fell to $2.4B in Q1 2023, down 80% from an all-time excessive of $12.3B in Q1 2022 and the bottom degree since 2020  —  Enterprise capitalists are persevering with to tug again from crypto, an business that’s been stricken by scandals, a market downturn and regulatory uncertainty.

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