Crypto VC Activity Climbs to $4.6 Billion in Q3, Driven by Continued Investment Despite Market Turbulence

Venture capital investment within the cryptocurrency space reached a significant milestone of $4.65 billion in the third quarter of 2023. This figure represents the second highest level of activity since FTX’s collapse in late 2022, signaling a continued rebound in investor interest despite market volatility. 8 5According to Galaxy Digital, this surge is fueled by expansion into key sectors such as stablecoins, AI, blockchain infrastructure and trading.