#C rypto Funding Soars after Trump Wins
$XRP
Crypto startups secure over $1 billion in venture funding as optimism grows around Trump's pro-crypto stance and regulatory clarity promises.
The cryptocurrency sector has witnessed a remarkable surge in venture capital funding, with over $1 billion flowing into the industry following Donald Trump’s election victory. This funding wave highlights growing confidence in the sector, driven by expectations of a pro-crypto administration and clearer regulatory policies.
Since the election on November 6, crypto startups have raised around $1.3 billion, signaling renewed interest from venture capitalists. According to industry data, November alone saw $796 million invested, with another $511 million following in December. A standout during this period was the Avalanche Foundation, which secured $250 million through a private token sale. This funding supports the network's major upgrade, Avalanche9000, set to improve blockchain scalability and reduce transaction costs.
Infrastructure projects also captured significant attention, attracting over $500 million in investments. Notable beneficiaries included Zero Gravity Labs, which raised $40 million, and Bitcoin mining company Canaan Creative, which secured $30 million. Meanwhile, the decentralized finance (DeFi) sector also saw renewed momentum, receiving more than $150 million in funding. Key investments included $45 million for USDX Money and $30 million for World Liberty Financial.
This funding boom is linked to optimism surrounding Trump's support for the crypto industry. Trump’s promises to clarify regulations and create a Strategic Bitcoin Reserve have fueled excitement among investors. Additionally, his pro-crypto appointments, such as Paul Atkins as the proposed SEC chair and David Sachs as the first White House crypto czar, have signaled a potential shift toward a friendlier regulatory environment.Experts believe these developments could eliminate barriers for institutional adoption and drive further investments into the sector. With the crypto marketgearing up for