Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
Home»TRADING NEWS»Crypto.com’s venture arm scales back its activities due to its ambiguous market valuation.
TRADING NEWS

Crypto.com’s venture arm scales back its activities due to its ambiguous market valuation.

By Crypto FlexsApril 17, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Crypto.com’s venture arm scales back its activities due to its ambiguous market valuation.
Share
Facebook Twitter LinkedIn Pinterest Email

Crypto.com’s venture arm has scaled back investment activity as the sustainability of the sector’s appreciation in value has become less clear.

Crypto.com Capital, which had $500 million invested in startups in the sector as of January 2022, has reduced its investment activity over the past 18 months, according to a Bloomberg report.

Analysts at Dealroom noted that crypto.com investments have declined compared to previous years, saying the company has closed just four deals since the beginning of 2023. This was significantly more than the 35 transactions in the two years prior to that period.

Crypto.com CEO Kris Marszalek acknowledged the decline in funding activity, saying in comments to Bloomberg that the company is currently trying to “rationalize on this.” there is. Marszalek also noted that the venture firm has made about 70 investments to date, but did not disclose exact numbers.

Despite the overall caution, significant sums have been raised in recent venture capital deals in the industry, Bloomberg notes, noting that crypto.com Capital participated in funding Berachain, a blockchain network run by household name founders. At least $1 billion.

Crypto.com is not the only company to temporarily suspend investment activities in the cryptocurrency market. This is because other companies in the market are also slowing down their investments. For example, venture giant Andreessen Horowitz is turning its attention to cryptocurrency investments for now, with a focus on artificial intelligence.

Follow us on Google News

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Next Binance Coin (BNB) Price Rally 3 Catalysts that can supply fuel

September 24, 2025

Buying NFT is like buying a Mickey Mouse T -shirt and an IP.

September 23, 2025

In the CFTC crackdown, OKX’s perps dex lunch stops: What is the following?

September 22, 2025
Add A Comment

Comments are closed.

Recent Posts

ChainUp Wins Top Crypto Compliance Technology Honor At Thomson Reuters-Presented Awards

September 24, 2025

Fitell Corporation Launches Solana (SOL) Digital Asset Treasury With $100M Financing Facility, With Focus On Yield And On-Chain DeFi Innovation

September 24, 2025

Nebeus Overfunds Equity Crowdfunding Campaign With €3.6M Raised, Reflecting Growing Demand For Regulated Crypto–Finance Solutions

September 24, 2025

Next Binance Coin (BNB) Price Rally 3 Catalysts that can supply fuel

September 24, 2025

Ether Leeum World Fair Announcement

September 24, 2025

SOL Leverage Longs Jump Ship, is it $ 200 next?

September 24, 2025

Navigating Policy & Regulation in Blockchain

September 23, 2025

Flipster Debuts Market’s First USD1 Perps For BTC, ETH, SOL, XRP, And DOGE

September 23, 2025

BYDFi Joins Korea Blockchain Week 2025 (KBW2025): Deepening Web3 Engagement

September 23, 2025

MEXC Brings Immersive Experience With ‘0 Fee Lounge’ To Token2049

September 23, 2025

Moonbirds And Azuki IP Coming To Verse8 As AI-Native Game Platform Integrates With Story

September 23, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

ChainUp Wins Top Crypto Compliance Technology Honor At Thomson Reuters-Presented Awards

September 24, 2025

Fitell Corporation Launches Solana (SOL) Digital Asset Treasury With $100M Financing Facility, With Focus On Yield And On-Chain DeFi Innovation

September 24, 2025

Nebeus Overfunds Equity Crowdfunding Campaign With €3.6M Raised, Reflecting Growing Demand For Regulated Crypto–Finance Solutions

September 24, 2025
Most Popular

How soon can Polkadot break $6? A look at DOT’s recent market movements

November 18, 2024

Vitalik Buterin reveals a roadmap for Ethereum personal information.

April 11, 2025

Top Crypto Analyst Who Accurately Predicted Bitcoin Bottom in 2018 Says Ethereum Has Hit Bottom – Here’s His Outlook

August 30, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.