<ul><li>Venture capitalists invested $2.5 billion in crypto projects in Q3, a 20% drop from the previous quarter.</li><li>The decline in funding was attributed to a 'barbell market' focusing on Bitcoin-related products and meme coins, neglecting mid-tier crypto projects.</li><li>Early-stage projects received the majority of funding (85%) in Q3, with American projects attracting the most venture capitalists.</li><li>Galaxy Digital expects venture capital funding to increase in Q1 2025 due to reduced Fed interest rates and favorable regulations.</li></ul>

Galaxy Digital Says ‘Barbell Market’ Caused Crypto Funding to Drop 20% in Q3

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