Golden Finance reported that, according to financing data from The Block Pro, venture capital invested approximately $13.7 billion in cryptocurrency and blockchain startups in 2024, an increase of 28% compared to the $10.7 billion deployed in 2023. However, funding is still far below the peaks of $33.3 billion in 2022 and $29 billion in 2021. Dragonfly general partner Rob Hadick pointed out that while Bitcoin has increased by more than 150% year-to-date, the growth rate of venture capital has not accelerated compared to 2023, possibly because the LP market remains relatively calm, and most venture capital firms lack the confidence to seriously deploy remaining funds.