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Cryptoknowmics 2022-05-26 23:30:50

Top Venture Capital Firms Supporting Upcoming Crypto Projects

A recent report suggests that venture capital firms made crypto investments worth $33B in 2021. The data shows that numerous investors are playing a pivotal role in the crypto/blockchain field. A venture capital majorly hosts a group of investors who hope to make returns from certain crypto projects. Simply put, venture capitalists act as financial contributors to start-ups. On the other hand, fund managers are solely responsible for proposing an investment opportunity to venture capitalists. VC Crypto Meaning In the context of cryptocurrencies, venture capital (VC) firms represent investors who provide financial support to upcoming crypto projects. Accumulating capital through retail investors can be difficult since it may delay a project’s goals. Such challenges are making VC firms more popular as they track the most suitable projects. Fund managers may also spread their investments across various portfolios to minimize certain risks and the effects of price volatility. Top Crypto VC List The following section describes the leading VC firms taking over the digital asset economy. The companies include: Digital Currency Group Digital Currency Group functions as a New York-based firm established in 2015. The firm describes itself as the epicentre of Bitcoin and blockchain technology. As such, DCG intends to support Bitcoin and blockchain projects with access to capital. The company also provides startups with consulting and net...

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