Cryptocurrencies
Crypto Startup Funding Overcomes Blow-Ups to Hit $100 Billion
- Investment picked up amid a rebound in the crypto market
- Tokens from startups are a potential bright spot for exits
A screen displays crypto currencies.
Photographer: Angel Garcia/BloombergThis article is for subscribers only.
Crypto startups have drawn in roughly $100 billion of venture funding since the industry’s inception, after a recent pick-up in investment that coincided with a rally in Bitcoin and other major tokens.
Data collected by DeFiLlama suggest the crypto sector’s fundraising haul stands at $101 billion since 2014, while The Block Research has tallied more than $95 billion of cumulative investment starting from 2017.