**Key Points:**

– A recent PitchBook report revealed that financial institutions are demonstrating increased interest in cryptocurrencies due to the U.S. launch of the first spot Bitcoin ETFs.
– In the fourth quarter of 2023, venture funding for crypto-related companies reached $1.9 billion, marking a 2.5% rise from the previous quarter.
– The primary focus of these crypto ventures is to offer financial and technological solutions such as tokenizing real-world assets like real estate and stocks on the blockchain, besides constructing a decentralized computing infrastructure.
– High-profile fundraising activities in this past quarter featured crypto exchanges Swan Bitcoin and Blockchain.com which bagged $165 million and $100 million, respectively.

**Hot Take:**

Ka-Ching for Crypto Ventures!

Who Said Money Doesn’t Grow on Crypto Trees?

Crypto Startups – The New Cool Kids on the VC Block

It’s clear as blockchain that financial institutions are slowly catching up to the bitcoin party, and what a bash it’s turning out to be! VCs are empting their pockets for these crypto cyborgs, with funding reaching a whopping $1.9 billion last quarter! Let’s just say, there’s a new gold rush in town, and it’s all about tokenizing EVERYTHING, from your grandma’s old house to Mr. Buffet’s stocks! Now, if extravagantly-named crypto exchanges like Swan Bitcoin and Blockchain.com raising millions don’t convince you that we’re living in a crypto-paradise, then I don’t know what will. And with financial bigwigs suddenly showing interest, it’s clear this circus isn’t packing up anytime soon! Buckle up, folks! We’re on the blockchain rollercoaster now, and it’s only going up (well, fingers crossed!) #CryptoRide #VCsLoveBlockchains #TokenizeTheWorld #FintechFiestaOriginal article: https://cointelegraph.com/news/vc-blockchain-and-crypto-funding-rises-in-q4-2023-report