Crypto VC May Vanish by 2030 as Active Investors Plummet 87%

Dragonfly's Haseeb Qureshi has warned that cryptocurrency venture capital (VC) may cease to exist by 2030. The warning comes as active investors in crypto VC have dropped by a staggering 87% from their 2022 peak. According to Qureshi, this decline is part of a broader trend where many traditional investors are pulling out of the space.

The drop in active investors has led to concerns about the long-term viability of crypto VC. Many startups rely on these investments to secure funding and scale their operations. Without the influx of new capital, these companies may struggle to stay afloat, potentially leading to consolidation or even extinction in the industry.

Qureshi's warning highlights the challenges facing crypto VC at this time. With many traditional investors pulling out, it is unclear who will fill the void and provide the necessary funding for startups to grow and innovate.