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

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