New Surge in Crypto Startup Funding
Feb, 2024

New Surge in Crypto Startup Funding

After 2 years, the levels of new funding rounds for crypto startups seem to track back to higher levels.


According to new data from Pitchbook, in the Q4 of 2023, investing rounds rounds reached $1.9 billion, a surge 2.5 % from last year.


The last 2 years, the stability in Bitcoin and crypto prices have the same effect in the startup funding dimension, an aspect that looks to enter a new phase.


The valuations, deriving from the listed companies like Coinbase, Marathon Digital and Microstrategy, have gone up and this scenario will continue.


The largest funding rounds in the previous quarter were of Swan Bitcoin and, with $165 and $100 million respectively.


The next step for the market is the fact on how much “passive” money will be transferred in Bitcoin through the approved ETFs from the SEC.


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