From FTX to Coinbase venutres, plenty of VC's have made big crypto bets that could actually pan out

Fortune covers SHINE Technologies' recent funding announcement of $70 million. Read the coverage below.

Good morning Term Sheet readers—it’s Fortune Crypto editor Jeff Roberts tagging in. In recent weeks, an interesting storyline has emerged concerning the intersection of venture capital and crypto. Discussions on the topic have mostly revolved around VC firms getting burned by ill-advised crypto bets—most notoriously, Sequoia vaporizing $200 million on FTX—but there is another aspect to the story.

https://fortune.com/2023/10/12/ftx-coinbase-crypto-venture-capital-investments/