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This week, the crypto space saw a new funding of $176 million, bringing the total crypto funding for the year to over $25 billion.
BlockBeats News, December 14th. This week, venture capital firms added $176 million in new investment to the cryptocurrency sector. So far this year, cryptocurrency startups have raised over $25 billion, far exceeding analysts' expectations. The main investors in this week's funding round include Pantera Capital, Coinbase Ventures, and DCG. Despite the cryptocurrency market's total market capitalization dropping $1 trillion from its October high, several institutions are still increasing their investments. The top three cryptocurrency companies by funding amount in the second week of December are as follows:
The cross-chain economic connectivity organization LI.FI completed a $29 million funding round, led by Multicoin and CoinFund. LI.FI plans to expand into various transaction fields, including perpetual futures, yield opportunities, prediction markets, and lending markets, and also plans to use this new funding to hire more employees.
The Real World Asset (RWA) tokenization network Real Finance received a $29 million private funding round to build the infrastructure layer for RWAs. This funding round includes a $25 million capital commitment from the digital asset investment firm Nimbus Capital, with participation from Magnus Capital and Frekaz Group.
Infrastructure provider TenX Protocols completed a $22 million funding round, focusing on institutional-grade staking, validator operations, and Decentralized Asset Treasury (DAT) strategies. Its operations cover high-performance Layer 1 networks such as Solana, Sui, and Sei.
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