Crypto Startup Funding Surpasses $100B Milestone

Cryptocurrency Startup Funding Surpasses $100B

Cryptocurrency startups have seen a monumental rise in funding, surpassing the $100 billion mark. According to data compiled by DeFiLlama, these startups have experienced 5,287 funding rounds raising a total of $101.36 billion since 2014. Notably, the year 2023 alone has seen $3.54 billion injected into the industry as of May, spurred by a surge in bitcoin and other digital tokens.