Cryptocurrency Startup Raises $5 Billion in Q1... Down 16% Year-on-Year
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DeFirama reported that cryptocurrency startups raised $5 billion in the first quarter of this year, a 16% decrease compared to the same period last year. $1.7 billion was invested in the prediction market sector, $735 million in the payments sector, and $423 million in the trading infrastructure sector. Analysts suggest that the real-world application and infrastructure sectors attracted the interest of major investors.
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