Venture capital firms are becoming more selective with crypto projects, focusing on established projects with clear revenue models and institutional adoption, rather than memecoin frenzies. This shift reflects the broader trend of institutional crypto investment and revenue-generating digital asset businesses, rather than price speculation. Traditional financial investors are demanding yield and revenue-producing crypto projects, with VC firms concentrating on stablecoin projects and real-world asset tokenization platforms due to associated revenue models. The quest for yield is also driving Wall Street investment in Ether, as the smart contract layer-1 blockchain hosts the majority of stablecoin, RWA market, and DeFi activity generating stable revenues.

Read more at Cointelegraph: Venture Capital Firms Eyeing Revenue-Generating Crypto Projects