Over the weekend, ABCDE co-founder Dovey Wan officially announced in an article that "ABCDE Capital has stopped investing in new projects and has suspended its fundraising plan for its second fund." As soon as the news came out, the market was shaken. Some believe that this event marks the harshness of the primary investment environment in the crypto market, while others believe that this move may be a necessary choice to cut losses in time. @OdailyChina will provide a follow-up analysis of the event in this article.
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