Crypto Fundraising Surpasses $3.4 Billion: A New All-Time High

The cryptocurrency market has reached a new milestone, recording the highest weekly fundraising amount ever at over $3.4 billion. According to CryptoRank data, this record-breaking week was driven by a strong comeback in investor confidence and a surge of funding for various projects and companies between October 6th and 12th. Over 27 ventures secured funding during this period, with prominent firms like Pantera Capital and Hack VC leading the way.