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Venture Funding Surges in Crypto Sector With Over $1 Billion Raised After Trump’s Election

Since Donald Trump's election victory, the crypto industry has seen a surge in investment, with over $1 billion raised by startups from Venture Capital funds. This increase in funding reflects optimism about a more favorable regulatory environment under the incoming administration. The Avalanche Foundation was the largest fundraiser during this period, securing $250 million for its upcoming upgrade. Venture capitalists have shown a significant interest in crypto infrastructure projects, directing over $500 million towards developers. Additionally, the DeFi sector received more than $150 million in funding, following a recovery in the market. This funding spike is attributed to expectations of a pro-crypto stance from the incoming administration, which has made pro-crypto appointments and expressed support for the industry. Experts believe these appointments could lead to regulatory clarity and increased investment in the sector.

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