Golden Finance reported that according to the latest report from Galaxy Digital, the encryption venture capital market performed flatly in the third quarter, with an investment of $24 billion, a decrease of 20% compared to the previous quarter, and a 17% decrease in the number of transactions. The encryption industry received a total investment of $8 billion in the first three quarters of this year, and it is expected that the investment amount in 2024 will be slightly higher than that in 2023. Compared to the investment scale of over $30 billion in 2021 and 2022, the current market enthusiasm has clearly declined. Alex Thorn, the research director of Galaxy Digital, pointed out that investors' interest in the encryption industry has weakened compared to previous years.