In 2024, cryptocurrency and blockchain startups received a total of approximately $13.7 billion in venture capital, up 28% from $10.7 billion in 2023, but still far below the peak levels of $33.3 billion in 2022 and $29 billion in 2021. Early-stage financing dominates the market: Pre-seed rounds set a record high of 1,180 transactions, a year-on-year increase of 68%; seed round financing totaled $3.4 billion, close to the 2021 level of $3.8 billion; Series A financing completed more than 175 transactions, raising a total of $2.8 billion, a year-on-year increase of 46%. In 2024, crypto infrastructure became the focus of investment: total financing was approximately $5.5 billion, and more than 610 transactions were completed, a year-on-year increase of 57%. (The Block)