It is the first time since late 2022 where the industry has recorded two consecutive funding months above $1 billion.April’s $1.02 billion in funding came across 161 investment rounds in April, marking a minor fall from the $1.09 billion recorded from 186 rounds in March,
The teams behind blockchain infrastructure startup Auradine and Cosmos-based layer-1 blockchain Berachain also received $80 million and $100 million in funding. Decentralized autonomous organizations were the least-funded, having only received $3 million so far in 2024.Over $3.67 billion in funds have poured into the industry, across 604 funding rounds so far in 2024, which is on track to clear the $9.3 billion raised in 2023.
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