The median deal size rose slightly to $3.2 million, but โmedian pre-money valuation surged dramatically to near all-time highsโ of $37 million, the note observed, suggesting that the resurgence of the cryptocurrency market in recent quarters is leading to โsignificant competition and fear of missing out (FOMO) among investors.โ
Crypto Venture Capital Market Rebound Extends Into Second Quarter: Galaxy