Technology
Crypto startups embrace open-ended, rolling funding rounds that quickly lift valuations, as crypto funds seek to deploy unspent cash raised in 2021 and 2022 (Ryan Weeks/Bloomberg)
Ryan Weeks / Bloomberg:
Crypto startups embrace open-ended, rolling funding rounds that quickly lift valuations, as crypto funds seek to deploy unspent cash raised in 2021 and 2022 — – Startups are embracing so-called open-ended funding rounds — Venture funds are seeking to deploy previously static cash