💵Crypto Startups Secure $2.7B in Q2 Funding Despite Fewer Deals

🖥 In Q2 2024, crypto startups attracted $2.7 billion in venture capital, a slight increase from Q1, despite a 12.5% drop in the number of deals, according to Pitchbook. This indicates growing confidence among institutional investors in the crypto space. Infrastructure projects led the charge, with major players like Monad and BeraChain raising significant funds.

🔽 However, overall funding for crypto startups has slowed compared to the highs of 2021 and 2022. As investor sentiment remains positive, the pace of investments is expected to pick up in the coming months.

While the crypto market faces challenges, the continued investment in infrastructure projects and the cautious optimism from investors suggest a promising future for the industry.

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