This week, 16 crypto startups raised $176 million, bringing the total investment this year to over $25 billion.

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According to DL News, 16 crypto startups raised $176 million this week, bringing the total investment this year to over $25 billion, more than double last year's figure and far exceeding analysts' expectations. Major investors this week included Pantera Capital, Coinbase Ventures, and DCG. Despite the crypto market falling $1 trillion from its October high, investors continue to pour in.

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