In October, the crypto venture capital sector recorded 75 funding deals, marking a 21% increase from the previous month, though this represents a 25% decline compared to the same period last year. The total funding amount reached $4.56 billion, which is an 11% decrease from September but a significant 484% increase year-over-year. This data highlights the fluctuating dynamics in crypto investments, with substantial annual growth despite monthly setbacks.
Crypto VC Funding Sees 21% Monthly Increase in October
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