[]
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Crypto VC Funding Surges 15% in August to $633.9 Million, $2.2 Billion Raised This Year

Crypto venture capital funding surged by 15% in August to $634 million.
By: DeepNewz • September 06, 2024
Crypto VC Funding Surges 15% in August to $633.9 Million, $2.2 Billion Raised This Year

Crypto venture capital funding surged by 15% in August to $633.9 million, rebounding despite broader market illiquidity and the summer slowdown. The bulk of this funding is flowing into blockchain infrastructure projects.

Venture capitalists have raised $2.2 billion in crypto funds this year, with expectations to surpass the $2.6 billion raised in 2023, according to a report from PitchBook.

This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.

Funding

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