According to Foresight News, data from DefiLlama reveals that funding for crypto startups has exceeded $100 billion since the end of May 2014. As of June 16, 2024, the total recorded funding in the crypto industry stands at $101.3 billion. In contrast, the initial monthly funding record for crypto startups in May 2014 was only $17.14 million. Furthermore, the funding for crypto startups peaked in October 2021, with total raised funds surpassing $7 billion.
Crypto Startups' Funding Surpasses $100 Billion Since May 2014
![](https://public.bnbstatic.com/image/pgc/202211/ff39a105a210ecd0a61407a69ad82dbd.jpg)
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