JPMorgan Chase: Cryptocurrency risk investment funds are expected to rise this year, but will not reach previous highs
According to CoinDesk, a research report from JPMorgan Chase predicts that venture capital (VC) funding for cryptocurrency will rise this year due to regulatory clarity and more crypto-friendly policies during the tenure of U.S. President Donald Trump. However, due to intensified competition among large financial institutions, high interest rates, and the emergence of ETF products, funding levels may not reach previous highs.
The report points out that new cryptocurrency projects are avoiding selling large amounts of tokens to venture capital firms and are increasingly turning towards community-driven platforms for fundraising.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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