2024

Monad

Hedge

Coin

In a thrilling streak of success, crypto venture capital funding has <a href="https://www.rootdata.com/dashboard" target="_blank" rel="noreferrer noopener">soared</a> beyond $1 billion this year for the second consecutive month. April witnessed an impressive $1.02 billion pouring into the industry through 161 investment rounds, following closely behind March’s record-breaking $1.09 billion from 186 rounds.&nbsp; 
This marks a significant milestone, reminiscent of the vibrant funding streak in October-November 2022. 
Among the standout fundraisers, they witnessed a groundbreaking $47 million investment led by Blackrock into Securitize, a pioneer in real-world asset tokenization. 
Additionally, the birth of Monad was hailed as a potential “Solana killer” layer-1 blockchain and received a monumental $225 million backing from Paradigm and Coinbase Ventures. 
Blockchain infrastructure firms have emerged as the prime beneficiaries this year, securing a whopping $1.7 billion in venture capital funding, closely trailed by decentralized finance protocols at $626 million. 
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 <img decoding="async" src="https://lh7-us.googleusercontent.com/EnOxfU7nST8OiYs5TBLbgyKs9D7h0HndEz33wrZfV6MwTq8pb9-oOIiUcmeyodG-RDhecznnMzBGQxNezzMtqYn5EUCi_Wa0VVxmomFuViXogOYQENJtrUJWQ_H_tLrtCKRS1EKxJrEuVlNXh-i5tDo" alt="Cryptocurrency &amp; blockchain venture capital funding by sector in 2024">
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 Image Source: RootData (Cryptocurrency &amp; blockchain venture capital funding by sector in 2024)
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Surprisingly, decentralized autonomous organizations have lagged securing a modest $3 million so far in 2024. 
With over $3.67 billion already injected into the industry through 604 funding rounds, 2024 is poised to surpass the remarkable $9.3 billion raised in 2023. As per <a href="https://defillama.com/raises" target="_blank" rel="noreferrer noopener">DeFiLlama</a>, the cumulative funding influx into the blockchain industry has now surged past an astonishing $100 billion across 5,195 funding rounds since June 2014.&nbsp; 
The rise in crypto venture capital funding, topping $1 billion for two consecutive months, shows ongoing trust from investors. They’re putting more money into infrastructure and institutions, indicating they see crypto as a good long-term investment. This could push prices up even more. 
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"> 
 Also Read: <a href="https://www.cryptotimes.io/2024/05/05/venture-capital-hedge-funds-bet-big-on-meme-coin-mania/" target="_blank" rel="noreferrer noopener">Venture Capital, Hedge Funds Bet Big on Meme Coin Mania</a> 
</blockquote>

Crypto VC Funding Hit $1B Again for Second Consecutive Month

The Crypto Times

Další články publikované 6. 5. 2024

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