Venture capital funding is now more focused on bigger deals, with many small-scale funding activities declining. This reflects a broader maturation in crypto fundraising, with late-stage financing gaining prominence.
Overall VC deals have dropped more than 61% year-on-year. May saw only 122 deals raising 1.92 billion USD, highlighting a stark contrast to previous activity levels.
ICOs and IDOs remain strong, especially linked to Binance Wallet. These platforms continue to provide lucrative returns for investors, particularly with the increasing popularity of DeFi projects.
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