As crypto startup valuations come back to Earth, big investors are bargain hunting

Crypto funding might have declined last quarter, but investors behind the largest funds in the space are sticking to their guns.
“There’s always going to be a need for big funds and investors to help the startups get the funding they need,” Lydia Chiu, vice president of business development at Ava Labs, told TechCrunch+. With the current regulatory scrutiny on the space alongside the bearish market sentiment, venture capital funds are needed more than ever, she said.
Ava Labs, the company that deployed the layer-1 blockchain Avalanche, launched a $200 million “Blizzard” investment

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