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In 2024, VC investments in cryptocurrency and blockchain startups amounted to about $13.7 billion, an increase of 28% from last year
【In 2024, VC invested approximately $13.7 billion in cryptocurrency and blockchain startups, a 28% increase from last year】According to The Block Pro financing data, VC invested approximately $13.7 billion in cryptocurrency and blockchain startups in 2024, a 28% increase from the $10.7 billion deployed in 2023. However, the funding is still far below the peak of $33.3 billion in 2022 and $29 billion in 2021. Rob Hadick, General Partner at Dragonfly, pointed out that although Bitcoin has risen by over 150% since the beginning of the year, the growth rate of venture capital is not faster than in 2023. This may be because the LP market remains relatively calm and most venture capital firms are not confident enough to deploy the remaining funds.