Our two new charts confirm what investors and founders have been telling us for a few weeks: crypto startup funding is still red hot even though total funding into startups has fallen from late last year.
Venture capitalists sunk $10 billion globally into crypto startups in the first three months of this year, up 13% from the final quarter of last year, according to PitchBook data compiled for The Information. That figure, which includes token financings, marks the fifth straight quarter-to-quarter increase of startup investment in the sector.
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