According to Foresight News, data from DefiLlama reveals that funding for crypto startups has exceeded $100 billion since the end of May 2014. As of June 16, 2024, the total recorded funding in the crypto industry stands at $101.3 billion. In contrast, the initial monthly funding record for crypto startups in May 2014 was only $17.14 million. Furthermore, the funding for crypto startups peaked in October 2021, with total raised funds surpassing $7 billion.