Venture capital firms have continued their investment trend in the cryptocurrency sector, injecting an additional $176 million this week. Following this latest funding, crypto startups have raised over $25 billion in total this year, surpassing analysts’ expectations. This surge in investment comes despite a $1 trillion decline in the crypto market’s total value since October, with many institutions still increasing their involvement in the space. In the second week of December, the highest funding went to LI.FI, a multi-chain economic interoperability platform, which secured $29 million led by Multicoin and CoinFund. LI.FI plans to expand into diverse trading sectors such as perpetual futures, yield options, prediction markets, and lending, and intends to use the new funds to hire additional staff. Similarly, Real Finance raised $29 million in private funding to build a tokenization network for real-world assets (RWA), with Nimbus Capital contributing $25 million and participation from Magnus Capital and Frekaz Group. Infrastructure provider TenX Protocols completed a $22 million funding round, focusing on institutional-grade staking, validator operations, and crypto treasury strategies, operating on high-performance Layer 1 networks like Solana, Sui, and Sei. These investments reflect sustained confidence in the crypto industry’s future, with institutions playing a key role in its development, although market volatility and uncertainty continue to pose challenges for investors.
Source: binance
