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Silicon Valley Heavyweight Bets Big on Web3—$470M Valuation Signals Crypto Winter Thaw
Silicon Valley Heavyweight Bets Big on Web3—$470M Valuation Signals Crypto Winter Thaw
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A-tier venture capital firm just placed a nine-figure vote of confidence in decentralized tech. The deal’s eye-popping valuation suggests institutional money sees blood in the water—and it’s not retail investors’ this time.
Web3’s hype cycle may have cooled, but smart money keeps building. This injection proves VCs still believe blockchains will eat traditional finance—even if most projects still can’t explain their tokenomics without hand-waving.
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