Bitcoin Q4 2024 despite reaching a record high level of $ 100,000, the venture capital activity was flat in Crypto Startups, about 90% VC deal size was around 90% since 2018.
The latest data of the pitchbook suggests that the average size of the venture capital deal in Crypto Space has fallen by about 90% since 2018, showing changes in investor behavior.
In 10 February research reportPitchbook Senior Venture Capital Reporter Michael Bodle said that even with an increase in Q4 2024 in Bitcoin (BTC) price, which traditionally increases higher investment in the region, VC seems to be more selective.
Investors focused their stakes “in low deals, furthering the middle evaluation,” adding the Bodle notes, extended the pre-mani valuation for crypto startups across the board, above $ 18 million in 2024 in 2024, $ 18 million in 2024 , The average assessment was $ 32.1 million.
Pitchbook senior analyst Robert Le reported that in 2022, Crypto entrepreneur “can raise capital with a white paper and very low traction.” Now, they say, the spirit of investment has shifted, emphasizing that any founder to raise capital in the current market is to show anything other than a significant amount or traction or technical white paper. “
In an interview with the pitchbook, analysts stated that this trend would probably continue, in which focused deals would become ideal in crypto venture funding.
Nevertheless, at the end of December 2024, Le Kay of the pitchbook estimated that Crypto VC funding would be “much stronger” in 2025 in 2025 than 2024. In an interview with CNBC, Le said that the market is going to be seen in the market “$ 18 billion or more venture capital. The dollar that is being invested in crypto.” He said that there has been an increase of 50% from 2024, But it is still less than $ 30 billion “which was invested in 2021 and 2022,” he said.
