The 12 most active crypto exchange VCs have dramatically cut their investment rate over the past few months. Is it because of FTX? The answer is yes, no and sort of.
Cryptocurrency exchanges emerged as some of the most active corporate venture investors in 2020 and dealmaking soared in 2021, only to come back down to earth in the past six months amidst a series of events highlighted by the failure of one of the biggest exchanges, FTX.
The 12 most active exchanges were Binance, Coinbase,…
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