Crypto VC: $169.73 million raised in one week of October

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The dynamics of venture capital funding in the crypto ecosystem remain strong. Between October 26 and November 1, no fewer than 13 projects secured a total of $169.73 million, reflecting investors’ continued confidence in this sector.

Leading Funding Rounds

Two projects in particular attracted the attention of VCs. Hercle stood out by raising $60 million, confirming its position as a leader among newcomers. Meanwhile, MegaETH completed a public sale of $49.95 million, solidifying its growth trajectory.

The Ecosystem Expands

Beyond the two giants of the moment, the investment landscape shows welcome diversification. Bron secured $15 million, while ZAR and Standard Economics attracted $12.9 million and $9 million respectively. This distribution demonstrates that crypto venture capital is not solely focused on the giants but continues to nurture a diverse portfolio of promising projects.

This week illustrates how the crypto VC market continues to operate as an innovation laboratory, where funding opportunities are shared between established players and ambitious newcomers.

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