The post Crypto VC Funding Surges to $2.4B in Market Resurgence appeared first on Coinpedia Fintech News

The crypto industry has shown an exceptional resurgence, with VC funding rising to $2.4 billion, a 40.3% increase from the last quarter, exhibiting market resilience and potential for growth. It also displays a 44.7% rise in deal volume. The deals included $106 million raised by TogetherAI, $100 million secured by Eigenlayer, and $73 million garnered by FHE platform Zama. The rise in valuations signifies a competitive investment environment. Legal victories for Ripple and Grayscale, positive DeFi sentiments, and the approval of the spot BTC ETF in the US have rejuvenated VC investment.

The post Crypto VC Funding Surges to $2.4B in Market Resurgence appeared first on Coinpedia.org.