Crypto VC deal count slumps to five-year low as investors grow more selective
Monthly venture deal count in crypto fell to roughly 50 deals in May, a level not seen since before 2021.
Source: www.theblock.co
Monthly venture deal count in crypto fell to roughly 50 deals in May, a level not seen since before 2021.
Source: www.theblock.co
Stablecoin flows have crossed from crypto liquidity into the market map central banks use to track dollar funding. The Bank for International Settlements, in its June 23 Annual Economic Report chapter on innovation beyond stablecoins, argued that private dollar tokens still fall short of the core tests of money. The same official-sector push now sits alongside a working paper…
Grayscale has formalized a mandatory minimum cadence for converting staking rewards from three crypto exchange-traded products into cash and paying the net proceeds to shareholders. Trust amendments executed Aug. 6 for the Grayscale Ethereum Staking ETF (ETHE), Grayscale Solana Staking ETF (GSOL) and Grayscale Avalanche Staking ETF (GAVA) require each product to reduce “Staking Consideration”…