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Japan eyes support for crypto startups in new regulation on startup financing. According to reports, the new rules means startups can raise funds from investors by offering stocks and crypto. Japan is looking to relax restrictions on how startups raise funds with a view to revamping the sector amid growth in venture capital funding. According to a report from local outlet Nikkei, the government plans to have startup s access financing from VCs by offering crypto . As such, the new regulation will allow investors to receive traditional stocks as well as crypto when extending funding to startup s. Blockchain reporter Colin Wu shared the news via X. According to nikkei, the Japanese government will relax regulations on startup financing. When start-ups receive financial support from investment funds, they can choose to deliver crypto assets instead of just stocks. The new rules apply to funds investing in limited… — Wu Blockchain (@WuBlockcha...

Author: WuBlockchain According to RootData statistics, there were 101 publicly disclosed crypto VC investment projects in April, an 11% increase from the previous month (91 projects in March 2023) and a 45% decrease year-on-year (184 projects in April 2022). Note: Since not all financings are announced in the same month, the above statistics may increase in the future. The industry’s primary classifications are as follows: In April’s crypto market, infrastructure projects accounted for about 30% of financing , DeFi 15%, CeFi 7%, and NFT/GameFi 21%. The total amount of financing in April was $790 million, a 1% increase from the previous month (March 2023, $780 million) and a 78% decrease year-on-year (April 2022, $3.61 billion). Rounds over $20 million include: LayerZero raised $120 million in a Series B round, valued at $3 billion, with 33 investors including a16z Crypto, Sequoia Capital, Circle Ventures, Samsung Next, OpenSea, and Christie’s. Previously, LayerZero completed a $135...