Alex Thorn, head of US-based blockchain finance firm Galaxy Digital, pointed out that investors’ interest is different because they previously tracked the price of bitcoin. Investment Deals in the Crypto Segment Despite the Fall in the Price of Bitcoin This Year grow have been He said this indicates that investors do not expect a long-term downside in the digital assets markets.
The decline in the tech sector is also one of the reasons for increasing investor interest in crypto. Advances in the Metaverse and Web3 have also led to an increase in Merger and Acquisition (M&A) deals involving crypto firms. So far this year, there have been more than 70 such deals with a total value of around $8.8 billion. Last year, the number of these deals was 51 and their value was around $6.8 billion. Blockchain venture fund Open Web Collective says that this is also giving crypto firms an opportunity to choose investors and see which investors will bring more value to the firm.
Many blockchain technology firms seek funding from well-reputed investors. Some crypto firms are also trying to raise funding in different ways. For example, Polygon, which facilitates the development of applications on the Ethereum blockchain, recently raised nearly $450 million by selling its private cryptocurrency to investors. Among the investors was Japan’s SoftBank Vision Fund. Many Countries to Crypto Segment Regulate are planning to do. Investors in these firms may also be impacted if stricter rules are implemented for this segment. <!–