Hello and welcome to the FT Cryptofinance newsletter. This week, we’re looking at the state of crypto fundraising.Crypto start-ups trying to raise money have found it very difficult over the past few years. They’ve had to face tepid demand from investors wary of getting burnt again after the collapse of crypto companies, stock valuations and token prices in 2022. Now, however, the clouds seem to be slowly parting. Investments by venture capitalists and others into crypto businesses rose to $3.2b...