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BCH $462.09 +3.42%
LINK $9.36 +0.36%
HYPE $41.35 +4.19%
AAVE $94.33 +3.29%
SUI $0.9525 +1.11%
XLM $0.1771 -0.40%
ZEC $318.88 +1.89%

Data: The total financing amount in the cryptocurrency industry has exceeded 100 billion dollars in ten years

2024-06-17 08:41:09
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ChainCatcher news, according to Cointelegraph, crypto startups have raised over $100 billion in funding since the end of May 2014. According to DefiLlama data, as of June 16, 2024, the total funding in the cryptocurrency industry reached $101.35 billion. Looking back to May 2014, the funding for industry startups in the first month was only $17.14 million. A decade later, in May 2024, the monthly funding amount increased to $280.25 million.

In October 2021, funding for cryptocurrency startups reached a historical peak of over $7 billion, with the second peak being $3.67 billion in February 2022. Research shows that nearly half of the cryptocurrency funding comes from U.S. investors, with the UK and Singapore ranking second and third, respectively.

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