Crypto VC Funding Soars to $14.5 Billion in November, Driven by Strategic Investments

Venture capital investment into the cryptocurrency sector experienced a remarkable surge in November, reaching an unprecedented high of $14.5 billion. According to data from Wu Blockchain, this boom was fueled by a significant number of strategic deals rather than numerous smaller investments, signaling a shift towards concentrated bets on established projects. The total volume of these investments increased by 219% compared to the previous month, driven largely by mega-deals that reshaped the cryptocurrency ecosystem.