1
Crypto funding in September 2023 crossed $650 Million and is expected to cross $700 Million by the end of the month.
2
Crypto funding for the DeFi industry and infrastructure category has surged over 12%.
3
A globally popular crypto-miner recently raised $53.9 Million to refuel its sinking project.
According to online crypto projects database Rootdata, crypto funding in September 2023 has seen a significant surge compared to that in August 2023. In August 2023, there were 78 funding rounds, which is comparatively few percent greater than September 2023 (so far). $549.86 Million was generated in August.
In September 2023, the crypto infrastructure category attracted the largest share of the funds, followed by decentralized finance (DeFi), non-fungible tokens, games and centralized finance.
Over the past few months, funding for centralized finance fell sharply. In the ongoing month, approximately 15 infrastructure projects raised fund
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