In November, the crypto industry received nearly $800 million in venture capital funding, and the infrastructure track financing exceeded $583 million
Cryptocurrency startups received nearly $800 million in VC funding in November, according to DefiLlama. Although it was the fourth-highest month for funding this year, it was still down 8% from October.
Among them, the chain game field raised about 71 million US dollars, and Monkey Tilt ranked first in the track with 30 million US dollars of financing (led by Pantera Capital).
In November, VCs poured more than $583 million into startups developing cryptocurrency-related infrastructure, making it the track with the highest funding amount. This included $40 million from Zero Gravity Labs and $30 million from bitcoin miner Canaan Creative.
Following the recovery from September to October, the monthly financing amount of DeFi ecosystem increased by 31% to $128.20 million.