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[Galaxy: Seven Large Transactions Account for Nearly Half of Crypto Investment in Q3] Galaxy Digital's report shows that seven large transactions in the third quarter of this year raised over $2.26 billion, accounting for 48.7% of the total venture capital investment in cryptocurrency and blockchain companies. During this period, venture capital firms invested $4.65 billion in crypto startups and private companies through 415 transactions, a quarter-on-quarter increase of 290%, but still below the levels of 2021-2022. The growth was primarily driven by later-stage companies, with capital becoming more concentrated in mature companies. Galaxy Digital believes that the golden age of pre-seed crypto venture capital has come to an end.

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