Cointelegraph Research launches venture capital database

Cointelegraph Research launches venture capital database – Mail Bonus

Despite generally negative price action in the cryptocurrency industry, continued venture capital investments in the space indicate that the industry is healthy and continuing to develop. Coinelegraph Research’s new venture capital database monitors the performance of VC companies and provides users with access to the most important bells and whistles of innovation and operations in the early stages.

Macroeconomic factors have been stifling the cryptocurrency economy in recent weeks, fueling fears of a prolonged downturn. After the US Federal Reserve announced that it would raise interest rates by 50 basis points, the cryptocurrency went into free fall. Since May 9, a black swan event affected the Terra ecosystem and wider space when the algorithmic stablecoin TerraUSD (UST) lost a one-on-one connection to the US dollar.

Nevertheless, VC’s investment in the industry appears to continue unabated. To date, the second quarter of 2022 has provided $ 6.8 billion in venture capital. This figure could remain on track to match the increase seen in the first quarter.

However, this should not be taken as an indication of the impending recovery in the cryptocurrency market. VC investments and returns have historically shown an unusually weak correlation with both cryptocurrencies and traditional assets. Depending on the level of financing, it can take many years for companies that receive investments to reach a balance sheet, despite the excessive annual returns that blockchain venture capitalists have recently achieved.