--- title: "Venture Capital’s investment in the Crypto Projects is too much" description: "Currently, Venture Capital has invested in Cryptocurrency in Bitcoin and this year's investment of VR is just double the amount sum of the Previous ye" author: "Sanjay Goenka" published: 2022-05-05 canonical: https://www.mindstick.com/news/1613/venture-capital-s-investment-in-the-crypto-projects-is-too-much category: "cryptocurrency" tags: ["technology", "bitcoin", "crypto exchange", "cryptocurrency"] reading_time: 2 minutes --- # Venture Capital’s investment in the Crypto Projects is too much The amount sum invested in the **crypto projects** is so high and reached **$ 10 billion** (Rs. 76,600 crores) in the **first quarter of the [financial year](https://answers.mindstick.com/qa/115304/what-major-changes-were-made-in-the-union-budget-of-india-for-the-financial-year-2025-26) 2022**. This sum is the largest sum ever. ## Highlights ``` Venture Capital’s investment is rising in the crypto-related projects Total investment in 2021 was $28 billion (Roughly 2, 14, 400 crores) The company’s crypto craze coincides with a slump in the NASDAQ benchmark ``` **Also Read: [Crypto.com officially signed a sponsorship deal for the upcoming 2022 FIFA World Cup](https://www.mindstick.com/news/1514/crypto-com-officially-signed-a-sponsorship-deal-for-the-upcoming-2022-fifa-world-cup)** [Venture Capital](https://answers.mindstick.com/qa/103102/what-is-the-role-of-venture-capital-in-the-economy) is investing a huge sum in crypto-related projects and according to the records of investment, the company has invested double the sum this year. At the current flood of investment in the crypto sector, [Private companies](https://answers.mindstick.com/qa/115556/how-are-private-companies-like-spacex-changing-the-landscape-of-modern-space-missions-today) are making a race themselves to be a wealthy part of the crypto market. The applications are based on Blockchain and platforms fueled by [cryptocurrencies](https://www.mindstick.com/category/articles/cryptocurrency) that are native to the virtual economies of the [Metaverse](https://www.mindstick.com/news/1112/metaverse-not-compelling-and-web3-more-marketing-than-reality-elon-musk-said) and Web3. The sum of the amount, **VR Company** invested in the crypto sector is the highest in the **financial year of 2022** and is just double the amount of the level seen in the same period a year ago, according to data from Pitchbook. Venture Capital invested a total of $10 billion (roughly Rs. 76,600) globally in the first quarter of the current year. A renowned brokerage firm Voyager Digital said “You’re seeing a lot of VC investment into a lot of protocols because they all believe, as we do, that some of these protocols are the [infrastructure](https://www.mindstick.com/news/2313/a-cybersecurity-and-infrastructure-security-agency-will-monitor-the-us-midterm-elections) of the future,” **Steve Ehrlich, CEO of the brokerage platform** said. The investment interest in crypto has continued to rise day by day during a Bitcoin Price slump this year. The price of [Bitcoin](https://www.mindstick.com/tag/blog/bitcoin) is down by 16 percent as compared to the previous summer. A technology reader Alex Thorn, the head of Firm wise research at **blockchain-focussed** bank Galaxy Digital in New York said in a statement “This decoupling is the demonstrative of investors’ disbelief that a prolonged bear market in [digital assets](https://www.mindstick.com/blog/299951/how-to-better-protect-digital-assets) is forthcoming, as well as the significant amount of dry powder held by funds seeking to allocate to the sector,” he wrote previous week. **Also Read: [A Ukrainian Withdrawn Cash in Poland from Crypto Wallet, all process took Just 3 minutes only](https://www.mindstick.com/news/1566/a-ukrainian-withdrawn-cash-in-poland-from-crypto-wallet-all-process-took-just-3-minutes-only)** --- Original Source: https://www.mindstick.com/news/1613/venture-capital-s-investment-in-the-crypto-projects-is-too-much Copyright © MindStick Software Pvt. Ltd. This Markdown version is provided for developers, AI systems, and offline reading.