Venture capitalist Tim Draper recently wagered about $400,000 that Bitcoin will rebound from its recent plunge.
Cabinet’s decision has set the tone for a potential legal reform that will allow Japanese venture capital firms to invest in projects that issue virtual currencies.
While early-stage crypto companies may still find willing investors, late-stage tech investors have largely exited the space.
The second quarter of 2023 marked the fourth consecutive quarter of declines in deal value, highlighting the prolonged nature of the downturn.
VCs remain the major source through which institutional investors access crypto.
Chris Dixon opens up on a16z’s venture model.
Valkyrie is looking to bridge the gap between an average user and the Web3.0.
The fund will look to back crypto fund managers with experience in non-fungible tokens (NFTs), gaming, decentralized finance (DeFi), Web3.0 and the metaverse.
As a venture capital firm, SK Square made an equity investment in Korbit Exchange, South Korea’s fourth-largest trading platform.
The growth of the company is backed by the increasing demand for digital currency assets by retail investors in the past year.
The Core Fund will also be used to back projects that seek to advance commercialized and expanded learning platforms as well as digital health delivery.