Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Blockchain-based Startups Continue to Secure Funding Despite Bear Market

Blockchain-based Startups Continue to Secure Funding Despite Bear Market

CointimeCointime2023/11/05 22:09
By:Cointime

Despite the ongoing bear market, blockchain startups are still receiving funding, with Blockaid raising $33 million in October. However, overall funding in the crypto industry has dropped to levels last seen in 2020, with investors scrutinizing projects more closely before investing. Untangled Finance raised $13.5 million for institutional-grade credit, while Nocturne raised $6 million for on-chain private accounts. Waterfall Network raised $2 million ahead of its mainnet launch, with Bytrade Lab becoming a key investor and user of its tech infrastructure.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!