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via DLNews · By DLNews Staff

Crypto companies raised $600m in April despite despite market downturn, VCs say

DS
DLNews Staff
(01:30 AM UTC)
1 min read
JM
Verified byJames Mitchell
  • An epidemic of “disingenuous innovation” plagues the crypto industry, VCs say.
  • Still, crypto companies raised just over $600 million in April.

Crypto companies raised just over $600 million from venture investors in April, DefiLlama data shows.

That’s despite the epidemic of “disingenuous innovation” that is plaguing the digital assets industry, Diego Martin, CEO of Yellow Capital, told DL News

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