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In November, the crypto industry received nearly $800 million in venture capital, and the infrastructure track raised more than $583 million

In November, the crypto industry received nearly $800 million in venture capital, and the infrastructure track raised more than $583 million

CointimeCointime2024/12/12 07:55
By:Cointime

According to DefiLlama's data, cryptocurrency startups received nearly $800 million in venture capital in November. Although this is the fourth highest month of financing this year, it is still an 8% decrease compared to October.

In the gaming field, the financing was about $71 million, and Monkey Tilt topped the track with a financing of $30 million (led by Pantera Capital).

In November, venture capital institutions invested more than $583 million in startups developing cryptocurrency-related infrastructure, making it the highest-funded track. This includes Zero Gravity Labs' $40 million financing and bitcoin mining company Canaan Creative's $30 million financing.

Following a recovery from September to October, the monthly financing amount of the DeFi ecosystem increased by 31% to $128.2 million.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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