Venture Capital Shifts Focus in Crypto Investments

According to Odaily, crypto influencer @pgreyy shared on the X platform that DefiLlama's funding data reveals a significant shift in venture capital interest over the past three months. During this period, 73 projects secured funding exceeding $10 million, with a noticeable decline in interest towards Layer 1 public chains. Only Tempo, a Layer 1 payment blockchain, made the list. Venture capital firms are primarily concentrating on five areas: - Prediction markets - Payment systems (including banking services) - Real World Assets (RWA) - Infrastructure linked to regular users or RWA - Decentralized Finance (DeFi) Additionally, only two AI-related companies met the $10 million funding criteria in the past three months, although the number rises to nine when not considering the funding timeline.