Data analyst Crypto Koryo noted a 38% increase in funds invested in the first quarter and a 49% increase in the number of projects that received funding.
Venture capital (VC) funding flowing to the crypto space showed a positive shift in the first quarter of 2024, breaking a two-year slump.
Data analysis platform Crypto Koryo posted a report on X, highlighting that the total amount invested and the number of projects that received VC funding have increased since Q4 2023.
The platform noted a 38% increase in the funds invested in the quarter.
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Source: https://cointelegraph.com/news/crypto-venture-capital-funding-breaks-2-year-downturn