Top Crypto VCs Share Their 2024 Funding Outlook

Crypto Funding Outlook in 2024

The crypto funding landscape faced challenges in 2023, witnessing a significant 68% decline in investments. Multiple factors contributed to this, including high-interest rates, AI expansion, regulatory crackdowns, and notable crypto collapses.

Coinbase Ventures: Positive Predictions

Outlook for 2024: Coinbase Ventures remains "increasingly optimistic." Factors like regulatory clarity, infrastructure maturation, institutional participation, and innovation pave the way for a promising 2024.

Galaxy Ventures: Challenging Landscape

Market Challenges: Galaxy Ventures foresees a challenging VC environment. Limited partner restrictions may hinder capital influx, expecting muted fundraising amid elevated interest rates. More consolidation is anticipated in the industry.

Animoca Brands: Brighter Future

Optimism: Animoca Brands sees a healthier funding environment in 2024. Momentum shift in the market could mark the start of a new bull cycle. Focus on web3 gaming and AI's integration in gaming expected to attract investment.

Shima Capital: Cautious Optimism

Outlook: Shima Capital remains "cautiously optimistic." Anticipates increased investment in infrastructure, gaming, and tokenization sectors in the upcoming year.

HashKey Capital: Positive Expectations

Market Outlook: HashKey Capital anticipates a bullish market in 2024, aiming for new investment opportunities and expanding asset management into diverse markets.

Multicoin Capital: AI Opportunities

Positive Prospects: Multicoin Capital sees potential in Solana and identifies a substantial opportunity for crypto in the AI revolution. Focus on GPU shortage and crypto-enabled compute marketplaces.

Polygon Ventures: Upturn Anticipated

Positive Signs: Bottom likely reached for web3 financing. Anticipates increased investment in consumer-facing use cases and stronger institutional interest in tokenization vertical.

NGC Ventures: Optimistic Outlook

Future Focus: NGC Ventures eyes verticals like AI, Bitcoin Layer 2 networks, and intent-based protocols for enhanced user experience. Expectations of the bull market to gain momentum in 2024.