According to RootData , April's $1.02 billion in funding from 161 investment rounds marked a slight decrease from the $1.09 billion recorded from 186 rounds in March.
However, this is the first time since October and November 2022 that the industry recorded two consecutive months of funding above $1 billion.
.png)
Among the fundraising activities, the most notable include a $47 million investment led by BlackRock in crypto firm RWA Securitize and a whopping $225 million investment in Monad, a new layer 1 blockchain called is the “Solana Killer ” led by Paradigm and Coinbase Ventures .
The teams behind blockchain infrastructure startup Auradine and Cosmos -based Layer 1 blockchain Berachain also received $80 million and $100 million in funding, respectively.
Chain infrastructure companies received the most venture capital Capital in 2024 with $1.7 billion, while DeFi decentralized finance protocols came in second with $626 million.
Decentralized autonomous organizations DAOs are the least funded, receiving only $3 million until 2024.
.png)
More than $3.67 billion in investment funds across 604 Capital rounds in 2024 alone have poured into the cryptocurrency industry, on track to surpass the total amount of $9.3 billion raised in 2023.
According to defillama, more than $100 billion in Capital has now flowed into the blockchain industry across 5,195 funding rounds since June 2014.
A large amount of money from Pantera Capital and Paradigm , 1 billion USD and 850 million USD, respectively, is being called for to expand the new cryptocurrency project investment fund.
The $1 billion raise from Pantera Capital would be the largest for the crypto industry since May 2022, when Silicon Valley-based venture capital firm Andreessen Horowitz (a16z) mobilized a record 4.5 billion USD.
Interestingly, a16z said it raised $7.2 billion to invest in several technology sectors in May, including artificial intelligence and gaming – but decided not to pour more money into it. its cryptocurrency-focused fund.
VIC Crypto compiled
Related news:
Grayscale's Bitcoin ETF recorded positive cash flow for the first time when it collected $63 million
Bitcoin recovered strongly, liquidating more than $150 million in Short positions
Stablecoin volume on Ethereum broke records in April
reStaking, DePIN, Bitcoin eco and RWA lead the investment trend of crypto VCs
Will the FED cut interest rates? Predictions from traders and Wall Street
