Blockchain venture funding falls for second consecutive quarter

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Blockchain venture funding falls for second consecutive quarter
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For the first time since the latter half of 2018, crypto venture funding has continued to fall for two consecutive quarters.

The number of VC deals also took a sharp turn, declining by 22% quarter-on-quarter. Still, infrastructure startups continue to show strong growth at the seed stage, and funding is yet to plumb to the depths of pre-2021 levels.

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