Why the bar for crypto VC is higher than ever

I’ve been covering the crypto VC space for many years now, and the last couple of years have felt different. Earlier, there was a steady flow of early-stage funding announcements. That slowed down a lot, and even though things have picked up a bit this year, it still doesn’t feel the same.

Most investors I spoke to said the era of easy fundraising in crypto is over and unlikely to come back. But several also said this is a healthy reset, and the space is just more strict now. READ MORE