At least half of the projects in the portfolios of several cryptocurrency venture capital firms have delayed their token issuance

ChainCatcher news, The Block recently investigated several crypto venture capital firms, including Spartan Group, Ascensive Assets, and White Star Capital. The report shows that due to adverse factors such as regulatory issues and market cooling, at least half of the companies they invested in are delaying their token launches, with no clear release dates yet.

For example, among the 108 projects supported by Spartan's $110 million DeFi fund, less than 40% have listed on exchanges. Kelvin Koh, the executive partner of Spartan Labs, stated that the fund invests in early-stage ventures, and even projects that have already launched tokens have not realized investment returns. (The Block)