Blockchain, crypto venture capital poised to sink as much as 50%, Morgan Stanley says

May 31, 2022 2:32 PM ETBitcoin USD (BTC-USD) CryptoBy: Liz Kiesche, SA News Editor3 Comments

Abstract blockchain technology concept. Internet security. Isometric digital cube connection background.

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After ~$30B of venture capital flowed into crypto/blockchain companies in 2021, Morgan Stanley strategists led by Sheena Shah expect a dramatic falloff by the end of this year, in part, because the era of "easy money is over."

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