Bitcoin startups struggle with funding as investment slows

  • The crypto industry, especially Bitcoin startups, are experiencing a funding crunch due to regulatory scrutiny and wary investors.
  • Blockstream, a blockchain infrastructure firm, relies on traditional VC investment and raised $125 million in late January, making total funding $400 million.
  • Despite having bullish Bitcoin investors, Blockstream faces challenges due to market turbulence and macroeconomic factors.
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