Cryptocurrency VC funding is expected to grow 100% year-over-year in January, reaching $1.14 billion so far

PANews reported on January 29 that venture capital funds in the crypto sector have reached $1.14 billion so far in January, and are expected to achieve a 100% increase compared to January 2024 ($653.3 million).

For cryptocurrencies and small projects, the indicator of small to medium-sized financing is more important because it shows the confidence and enthusiasm for startups. The current financing level has returned to "normal" levels, with financing rounds ranging from $1.5 million, and multiple projects raising funds between $10 million and $25 million.

According to statistics, the amount of financing in the crypto field in 2024 is approximately between $11.5 billion and $13.6 billion. Optimistic forecasts predict that venture capital funds will reach as high as $18 billion in the coming year.