Crypto VC investment reached $1.4B in January

Cryptocurrency venture capital investment totaled $1.4 billion in January, DL News reported. While the number of deals fell from 85 to 60, the total investment amount increased by 14% compared to the same period last year. Major funding rounds included stablecoin payment infrastructure firm Rain ($250 million), cryptocurrency custody company BitGo ($213 million), and UK-based fintech firm LMAX ($150 million).