As I and others have been reporting over the last couple weeks, crypto VC has been dealt a blow from the FTX collapse. But lots of these firms still have dedicated crypto funds to spend, while many VCs remain optimistic about the space long term. So the question now is, where the hell are they going to invest that money?
I recently asked a few VCs what areas they’re eyeing going into 2023, especially in light of the FTX bankruptcy catastrophe and its effects on the crypto industry at large. And, perhaps surprisingly, some are not only still hopeful for the industry's future but argue crypto could play an important role in the fallout.
