Recent weeks have seen a surge in venture capital pouring into crypto and blockchain startups, highlighting robust investor confidence in the sector.
Paradigm closed an $850 million fund for early-stage crypto projects, while Pantera Capital aims to raise over $1 billion by 2025. Tether's (CRYPTO:USDT) VC arm also plans substantial investments in emerging markets and tech sectors.
Notable funding rounds include Avail's (CRYPTO:AVAIL) $43 million for blockchain data availability and Everclear's (CRYPTO:NEXT) $5 million rebrand from Connext.
Ava Protocol (CRYPTO:AP) secured $10 million to advance its Web3 automation infrastructure, and GoPlus received strategic backing from OKX Ventures for blockchain security solutions.
Radian Arc and Ouinex also raised $9 million and $5.2 million respectively, emphasising growing investor interest in blockchain innovation and decentralised finance (DeFi).