Crypto VC Splits by Stage: Record Prices, Smaller Rounds

Key Takeaways 1 Crypto startup valuations hit record near $90 million 2 Median deal fell from record $4.9M to $3M 3 Pre-seed share of deals rose to 25% 4 Later-stage firms took 78% of Q2 capital In an October 23 preview of the firm’s third-quarter venture report, Galaxy’s vice president of research, Thaddeus Pinakiewicz, put the valuation record at roughly $90 million. The same data showed the median crypto deal sliding to about $3 million from an all-time high of around $4.9 million a quarter earlier.

Source: Coindoo