💰 According to The #DeFi Edge, 85% of tokens issued in 2025 have fallen below their #launch price. VC-backed projects are showing declining returns, with some being deeply unprofitable. In Q2 2022, #crypto VCs raised nearly $17 billion across over 80 new funds. Since then, VC returns have declined, new fund formation has hit a five-year low, and last quarter’s fundraising was only 12% of Q2 2022 levels. Although VCs deployed $8.5 billion last quarter, up 84% QoQ, most of it came from 2022 capital, not new funds. #crypto
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💰 According to The #DeFi Edge, 85% of tokens issued in 2025 have fallen below their #launch price. VC-backed projects are showing declining returns, with some being deeply unprofitable. In Q2 2022, #crypto VCs raised nearly $17 billion across over 80 new funds. Since then, VC returns have declined, new fund formation has hit a five-year low, and last quarter’s fundraising was only 12% of Q2 2022 levels. Although VCs deployed $8.5 billion last quarter, up 84% QoQ, most of it came from 2022 capital, not new funds. #crypto