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US Crypto Startups Dominate VC Funding In Q4: Is More To Come?
US Crypto Startups Dominate VC Funding In Q4: Is More To Come?
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A recent report from Galaxy Digital’s Crypto and Blockchain Venture Capital highlights significant trends in the cryptocurrency market, particularly in venture capital funding. In the fourth quarter of 2024, nearly half of all venture capital funding in the cryptocurrency and blockchain sector was directed toward startups based in the United States. Specifically, 46% of the total invested capital flowed to US-based startups, significantly outpacing other regions like Hong Kong, Singapore, and the UK. The US also led in deal volume, accounting for 36% of all venture capital deals during the quarter. This dominance comes despite ongoing regulatory uncertainties in the sector.
