Venture | Crypto

Venture capital firms are now investing in established projects with clear and predictable revenue generation models over early-stage tech. Venture capital (VC) firms have become much more selective with the crypto projects they invest in, representing a shift from the previous cycle due to market maturation, according to Eva Oberholzer, the chief investment officer at VC firm Ajna Capital.  “It's harder because we have reached a different stage in crypto, similar to every cycle we have seen for other technologies in the past,” Oberholzer told Cointelegraph. She added that market maturation has slowed down pre-seed investing, as VCs pivot their attention to established projects with clear business models. Oberholzer said: Read more

Venture capital firm Dragonfly said Friday that the U.S. government is weighing potential charges over its 2020 investment in PepperSec, the developer of Tornado Cash, marking a rare instance where federal prosecutors may target a venture investor for backing a crypto project. In a detailed statement, Dragonfly managing partner Haseeb Qureshi called the prospect of […] The post Venture investor Dragonfly faces potential charges over Tornado Cash involvement appeared first on CryptoSlate.