According to Galaxy Digital's latest report, the encryption venture capital market performed flatly in the third quarter, with an investment amount of $2.4 billion, a 20% decrease from the previous quarter, and a 17% decrease in transaction volume. The encryption industry received a total of $8 billion in investment in the first three quarters of this year, and it is expected that the investment amount will be slightly higher in 2024 than in 2023. Compared with the investment scale of over $30 billion in 2021 and 2022, the current market heat has clearly declined.

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