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Crypto funding skyrocketed more than 330% this week, with approximately 16 firms raising more than $246 million. Comparatively, last week, 13 startups brought in just $56 million. The last seven-day stretch for crypto companies to lock down more than $200 million was back in early April with LayerZero’s $120 million raise as a notable outlier.
“This year’s bank failures and bailouts have been a wake-up call, revealing the cracks of the traditional financial system and reminding us why Bitcoin is so important—it’s a secure path to a stronger and more transparent global economy".
https://blockworks.co/news/crypto-funding-return-to-form?utm_term=Daily+Newsletter
