CandleFocus

$449 Million Crypto Investment in November 2024: usdx.money, 0G Labs, and More

In November, there was a decrease in crypto venture capitalist (VC) investments compared to October, with 90 rounds taking place. The total amount raised in November was $449 million, a significant decrease from the previous month. Despite the bullish market, VC activity did not increase. November had the lowest number of deals and capital raised throughout 2024. The largest individual deals were less than $50 million. Infrastructure, DeFi, and games were the sectors with the highest returns, while CeFi investment decreased. usdx.money and Zero Gravity Labs were the top fundraisers, raising $45 million and $40 million respectively. Two other firms, Monkey Tilt and Canaan, tied for third place with investments of $30 million. Overall, there was a dramatic decline in venture capital investment in November, but the crypto market remains bullish.

Related News