According to Cointelegraph on June 17, crypto startups have raised more than $100 billion since the end of May 2014. Despite the ups and downs brought by regulatory uncertainty and market volatility, the upper and lower limits of the industry's financing have increased in the past four years. According to DefiLlama data, as of June 16, 2024, the total financing of the cryptocurrency industry reached $101.35 billion. Back in May 2014, the industry's startups raised only $17.14 million in the first month. Ten years later, in May 2024, the monthly financing amount increased to $280.25 million, which was higher than ten years ago, but far lower than the previous month's $777.11 million. In October 2021, cryptocurrency startup financing reached a historical peak of more than $7 billion, with the second peak being $3.67 billion in February 2022. Research shows that nearly half of cryptocurrency funds come from American investors, with the United Kingdom and Singapore ranking second and third. Recently, companies such as Together.AI, Wormhole, Totter, Eigenlayer, Swan Bitcoin and Blockchain.com have all received high amounts of financing.
