ChainThink report: On July 8, according to an official announcement, AngelList will cease supporting cryptocurrency investments starting July 31, due to the upcoming discontinuation of related services by its third-party cryptocurrency payment provider.

From that date onward, options for new investments, capital raising, or rolling fund commitments via USDC, USDT, DAI, and ETH on the platform will be suspended until further notice. The announcement indicates that other financing methods such as ACH transfers and wire transfers remain unaffected.

Investments completed prior to or on July 31 are not affected by this change and require no additional action.

For capital commitments that have not yet been fulfilled and were originally planned to be funded in cryptocurrency, AngelList advises investors to transfer their relevant digital assets into their AngelList account by July 30, or switch to wire transfer or ACH for subsequent funding.

AngelList states it is evaluating the possibility of restoring digital asset financing functionality through a new service provider, but has not provided a clear timeline at this time.