Crypto VCs Suffer Heavy Blow as 216 Projects Shut Down
According to recent data, five prominent venture capital firms in the crypto space have invested in at least 216 projects that have ceased operations.
The affected firms include YZi Labs and Andreessen Horowitz (a16z), which are among the most well-known names in the industry.
Pantera Capital, another prominent player, has seen over 24% of its investments become inactive.