The Russian-Ukraine conflict has sent anxieties through the stock and cryptocurrency capital markets, bringing back high volatility. Furthermore, the sanctions have demonstrated how any country can be the target of classic finance system-driven economic warfare.
Global investors have been ramping their interests in crypto funds and firms, according to the latest report from Fundstrat. During the last three weeks of February 2022, Venture Capital purchasers invested more than USD 4 billion, according to the study. Furthermore, last week, VCs invested an additional $400 million in crypto firms.
Decasonic, a $50 million hybrid fund that invests in both crypto and venture capital, was founded and is led by Paul Hsu. He stated that there was an open demand for his money to invest up to $200 million.
He says,
According to other data, there have been significant withdrawals from bonds and real estate. According to Refinitiv Lipper data, US bond investors withdrew $7.8 billion out of the market in the week ended March 9. During this time, real estate funds lost $700 million in outflows. George Melka is the CEO of a cryptocurrency broker.
SFOX said:
“Crypto native companies are still raising at very high valuations and many funding rounds”
” are still oversubscribed. In fact, crypto startup valuations are probably the highest I’ve seen.”
Traditional financial market participants are also jumping on the crypto bandwagon. Bain Capital Ventures stated last week that it will launch a $560 million fund dedicated solely to crypto investments. Despite the volatility, Bitcoin and other cryptocurrencies are up 10% since bottoming out on February 24.
Joe DiPasquale, the CEO of BitBull Capital, which oversees two hedge funds and a crypto fund of funds.
Even with the Ukraine crisis, there is no panic. People are starting funds as a result of the price increases over the last few years.
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