In spite of undergoing regulatory scrutiny in the USA, crypto companies persist in pushing the boundaries of innovation.
A recent report by Galaxy Digital, a crypto investment firm, reveals that nearly half of all capital investments are being directed towards U.S.-based crypto businesses. The report, published on July 14, highlights the substantial interest shown by venture capital firms in supporting these startups.
Related: Why the SEC Holds Key Importance in the Crypto World in 2023?
“US-based crypto startups accounted for more than 43% of all deals completed and raised more than 45% of the capital invested by VC firms.”
Out of the total capital investment in the crypto industry, the United Kingdom secured 7.7%, while Singapore and South Korea attracted 5.7% and 5.4% respectively. However, it is important to note tha
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First found on: USA Emerges as Global Hub for Crypto Startups
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