The Last Crypto Winter Never Ended for Corporate Venture Capital

In this edition of the Bloomberg Crypto newsletter, Hannah Miller sizes up some changes on the crypto-VC leaderboards.

Despite the rising price of Bitcoin and hints of a returning bull market for digital assets, some of the biggest names in crypto investing have curbed their deal-making during a venture-capital drought.

Crypto corporate venture-capital arms, which are part of major exchanges and trading firms, are being outpaced by other investors when it comes to backing blockchain startups.