Investment in the cryptocurrency market has seen a significant decline over the past few years and is now seeing a significant return of money, especially in venture capital. Bloomberg reported that venture capital firm Paradigm plans to raise up to $850 million in new funds, which would be the biggest deal since the bear market if it does succeed. Paradigm, which raised nearly $2.5 billion in funding in November 2021, is now mostly investing in early-stage projects, and the overall venture capital community is also picking up, with a nearly 50% increase in March compared to the previous month.
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Investment in the cryptocurrency market has seen a significant decline over the past few years and is now seeing a significant return of money, especially in venture capital. Bloomberg reported that venture capital firm Paradigm plans to raise up to $850 million in new funds, which would be the biggest deal since the bear market if it does succeed. Paradigm, which raised nearly $2.5 billion in funding in November 2021, is now mostly investing in early-stage projects, and the overall venture capital community is also picking up, with a nearly 50% increase in March compared to the previous month.
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