According to Blockworks, crypto companies raised a total of $823 million in September, involving 200 companies. Celestia topped the list with $100 million in ecosystem funding, followed by Infinex, which raised $65 million through a public token sale.

Strategic financing dominated, with TON Foundation raising a large amount of funds for its ecosystem fund. According to TIE data, 41 companies completed seed rounds last month.

DeFi companies announced 33 funding rounds last month, but the protocol development sector raised the most funding, totaling $192 million.

Humanode announced the launch of a $10 million ecosystem grant program to support the next generation of Sybil-resistant projects, with a focus on consumer dapps that have the potential to reach millions of users.