Home > Quick > Body

Galaxy: Blockchain startups raised $2.40 billion in Q3, down 20% sequentially

clock
2024-11-15 22:37:02
Data from Galaxy Research shows that in the third quarter of 2024, venture funding for blockchain startups was $2.40 billion, a 20% decrease compared to the previous quarter.
Between July and September this year, crypto startups completed 478 deals, a 17% decrease from the second quarter. Despite the slowdown in growth, the level of investment this year is still expected to reach or slightly exceed 2023, with startups in the sector receiving $8 billion in investment to date.
According to the Galaxy report, funding for startups combining artificial intelligence and blockchain technology has increased fivefold in the past three months. Key players include Sentient, CeTi and Sahara AI, raising a total of $188 million.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
New Tab Page - Desk3 | Plugin
Stay ahead of the game in the cryptocurrency space.