Galaxy Digital: Cryptocurrency sector received $3.19 billion in venture capital in Q2, and the financing environment remained active

Odaily News Crypto venture capital continued to rebound in the second quarter despite the market downturn, according to Galaxy Digital data, with founders and investors generally saying that the funding environment is more active than in previous quarters. "Crypto venture sentiment continues to improve, although levels remain well below the bull run of 2021-2022," Galaxy Digital research analysts Alex Thorn and Gabe Parker wrote in a report on Tuesday. Galaxy reported that venture capitalists invested $3.19 billion in cryptocurrency and blockchain companies in Q2, slightly higher than $3.16 billion in the first quarter. (The Block)