Block

April

Billion

<p><em><strong>Crypto Venture Capital funding hit $4 Billion in April and recorded two consecutive funding months above $1 Billion.</strong></em></p>
<p>Crypto Venture Capital (VC) funding has seen a notable resurgence this year, with investors investing billions into startups. Crypto VCs injected over $4 Billion year to date, showcasing enhanced interest of investors in seed and early-stage deals.</p>
<h2 class="wp-block-heading" id="strong-crypto-vc-funding-hit-1-billion-for-second-consecutive-month-strong"><strong>Crypto VC Funding Hit $1 Billion For Second Consecutive Month</strong></h2>
<p>On November 1, 2021, the biggest crypto VC funding was recorded, amounting to over $7.079 Billion. As of April 2024, the Crypto VC funding crossed the $4 Billion mark YTD, showcasing enhanced interest of investors towards the crypto market.&nbsp;</p>
<p>On May 8, 2024, The Block took to X to discuss crypto VC funding’s outstanding performance.</p>
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 <blockquote class="twitter-tweet">
  <p lang="en" dir="ltr">Crypto VC funding crossed the $4B mark YTD as of April, revealing a significant increase in seed and early-stage deals. Learn more about digital asset financing and trends from our latest newsletter, The Funding. Sign up here: <a href="https://t.co/JXoIgwAdxn" rel="noopener noreferrer nofollow">https://t.co/JXoIgwAdxn</a><a href="https://twitter.com/hashtag/thefunding?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#thefunding</a> <a href="https://twitter.com/hashtag/cryptofundin?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#cryptofundin</a> <a href="https://t.co/GhVvUW6CSt" rel="noopener noreferrer nofollow">pic.twitter.com/GhVvUW6CSt</a></p>— The Block (@TheBlock__) <a href="https://twitter.com/TheBlock__/status/1787913527677628825?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">May 7, 2024</a>
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 <p>It was the first time since October-November 2022 that the industry documented two consecutive funding months hitting over $1 Billion. $1.1 Billion poured in through 137 rounds in October 2022 and around $1.2 Billion was generated in 107 rounds in November 2022.</p>
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  <figure class="aligncenter size-large"><img loading="lazy" decoding="async" width="1024" height="355" src="https://www.thecoinrepublic.com/wp-content/uploads/2024/05/image-96-1024x355.png" alt="Crypto " class="wp-image-204816" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2024/05/image-96-1024x355.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2024/05/image-96-300x104.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2024/05/image-96-768x266.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2024/05/image-96-1536x532.png 1536w, https://www.thecoinrepublic.com/wp-content/uploads/2024/05/image-96-750x260.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2024/05/image-96-1140x395.png 1140w, https://www.thecoinrepublic.com/wp-content/uploads/2024/05/image-96.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px">
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 <p class="has-text-align-center">Crypto Fundraising Trend I Source: RootData</p>
 <p>In March 2024, funding hit $1.09 Billion in 126 rounds and recorded $1.02 Billion in 163 rounds in April, taking 2024’s funding hit $4 Billion.</p>
 <p>Moreover, <a href="https://www.thecoinrepublic.com/2023/10/04/immunefis-q3-2023-report-highlights-the-top-10-crypto-losses/" target="_blank" rel="noopener noreferrer nofollow">Centralized Finance (CeFi) </a>and infrastructure have witnessed increased investment activity, whereas Decentralized Autonomous Organization (DAO) is the least funded, according to RootData.</p>
 <h3 class="wp-block-heading" id="strong-is-crypto-vc-funding-in-a-bearish-phase-strong"><strong>Is Crypto VC Funding In A Bearish Phase?</strong></h3>
 <p>According to the DefiLlama report, the crypto VCs have raised over $100.409 Billion in 5202 funding rounds since June 2014.</p>
 <p>After raising $7.079 Billion in November 2021, VC funding entered the bearish phase and dipped to over $283.45 Million during the bear market in August 2023. Based on the current performance, it could be said that the crypto funding is in a consolidation state.</p>
 <p>However, the year 2024’s fundraising enhanced expectations of VCs and startups for the upcoming bullish rally.</p>
 <h3 class="wp-block-heading" id="strong-investor-s-interest-in-the-crypto-industry-booming-strong"><strong>Investor’s Interest In The Crypto Industry Booming?&nbsp;</strong></h3>
 <p>As per RootData, a sudden spike has been observed in Infrastructure and CeFi investing in recent years. A formidable rivalry regarding VC funding is recorded between the Infrastructure and CeFi sectors.</p>
 <div class="wp-block-image">
  <figure class="aligncenter size-large"><img loading="lazy" decoding="async" width="1024" height="502" src="https://www.thecoinrepublic.com/wp-content/uploads/2024/05/image-97-1024x502.png" alt="Crypto " class="wp-image-204817" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2024/05/image-97-1024x502.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2024/05/image-97-300x147.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2024/05/image-97-768x377.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2024/05/image-97-1536x753.png 1536w, https://www.thecoinrepublic.com/wp-content/uploads/2024/05/image-97-750x368.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2024/05/image-97-1140x559.png 1140w, https://www.thecoinrepublic.com/wp-content/uploads/2024/05/image-97.png 1560w" sizes="(max-width: 1024px) 100vw, 1024px">
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 <p class="has-text-align-center">Fundraising Amount I Source: RootData</p>
 <p>The CeFi sector has raised over $20,933,663,022, whereas the blockchain infrastructure sector has raised approximately $20,402,522,864. YTD, the crypto VC, raised over $3.57 Billion in 625 rounds, indicating investors’ enhanced interest in the crypto industry.</p>
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Crypto VC Funding Hits $4B YTD: Bullish Sign For Crypto Market?

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