crypto infrastructure firm blockstream, approximately 70 percentIt took action to increase the fund with a declining valuation of .
Many crypto companies are seeking funding for development and growth. In particular, the bear trend in the crypto industry also prevents projects from creating natural resources. The decrease in investors and the lack of users have also affected the platform revenues. Another aspect of these processes was the funding support from investment tours. Projects that stand out in the sector managed to collect funds from investment tours with strong names. aptos and Arbitrum ended their investment rounds by raising hundreds of millions of dollars in funds. In the middle of all these processes blockstreamwill raise funds at a lower valuation than last year.
Blockstream Lost 70 Percent Valuation in One Year
crypto infrastructure firm blockstream, last year 3.2 billionwith a dollar valuation 210 million raised a dollar fund. The company this year 1 billionHe started looking for a new fund with a valuation of $.
blockstreamCEO Adam BackHe stated that his company has already raised funds. 2014founded in blockstream, ASIC It was concentrated in a business that produced specialized mining chips known as ‘s. The company spends a lot of time on development and strengthening.
