Crypto venture capital investments grew 26.1% in 2024 compared to the previous year, with 1,535 projects publicly disclosed, according to a report by Wu Blockchain citing RootData statistics.
The report highlighted a total of 102 publicly disclosed crypto VC investment projects in December, reflecting a 7.4% month-on-month (MoM) increase from 95 projects in November. However, this marked a 6.4% year-on-year (YoY) decrease compared to 109 projects in December 2023.
Total funding for December reached $740 million, a 60.9% MoM increase from $460 million in November but an 18.7% YoY decline from $910 million in December 2023.
For the full year, disclosed funding amounted to $9.33 billion — slightly surpassing 2023’s $9.28 billion by 0.5%.
Sector breakdown
Sector-wise, DeFi led with 24.4% of total projects, followed by NFT/GameFi at 15.1%, Layer 1 and Layer 2 solutions…
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