In this venture-focused segment of The Scoop, veteran crypto VCs Meltem Demirors and Vanessa Grellet unpack the trends shaping crypto's venture landscape in 2023.
According to Demirors, crypto companies must follow the flow of funds:
"The name of the game is 'interchange,'" Demirors said. "The closer you migrate to where the actual interchange happens, the more likely you are to earn consistent revenues, which then results in you being able to raise capital."
Although crypto venture funding hit a two-year low last quarter amidst the chaos caused by FTX's collapse, Grellet is seeing "a lot of excitement in the early stage," with infrastructure and scaling plays among the most popular with investors.
This episode is brought to you by our sponsors Circle, Railgun, Flare Network, NordVPN
About Circle
Circle is a global financial technology company helping money move at internet speed. Our mission is to raise global economic prosperity through the frictionless exchange of value. Visit Circle.com to learn more.
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