Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
Home»ADOPTION NEWS»Funding: Ethereum re-staking, DePIN, Bitcoin ecosystem, and RWA tokenization drive cryptocurrency VC trends.
ADOPTION NEWS

Funding: Ethereum re-staking, DePIN, Bitcoin ecosystem, and RWA tokenization drive cryptocurrency VC trends.

By Crypto FlexsMay 4, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Funding: Ethereum re-staking, DePIN, Bitcoin ecosystem, and RWA tokenization drive cryptocurrency VC trends.
Share
Facebook Twitter LinkedIn Pinterest Email

Cryptocurrency venture capital funding has seen a notable resurgence this year, with investors plowing more than $4 billion into startups. In particular, investment activity increased in four areas: Ethereum re-staking, Decentralized Physical Infrastructure Network (DePIN), Bitcoin ecosystem, and Real Assets (RWA) tokenization.

Ethereum re-staking, a relatively new industry, has seen significant growth this year thanks to the pioneering protocol EigenLayer.

EigenLayer facilitates the re-staking of Ethereum (ETH) and liquid staking tokens through validators on other blockchain networks, allowing users to earn additional rewards. In less than a year, the protocol has amassed nearly $15 billion worth of assets. EigenLayer’s success has led to the launch of several EigenLayer-based securitization redeposit platforms, which collectively have secured more than $9 billion in assets.

All three major Ethereum liquid redemption protocols based on EigenLayer (Ether.Fi, Renzo, and Puffer Finance) have raised funding this year. Last February, Ether.Fi raised $27 million in funding co-led by Bullish and CoinFund. Puffer Finance raised an $18 million Series A round co-led by Brevan Howard Digital and Electric Capital in April, pushing its valuation to $200 million, as exclusively reported by The Block at the time. Meanwhile, Renzo raised $3.2 million in seed funding led by Maven11 in January and was valued at $25 million at the time. Puffer and Renzo recently received additional funding from Binance Labs.

Second, DePIN projects, especially those operating on the Solana blockchain, are gaining attention. Several DePIN projects, including Io.net, peaq, IoTex, Natix, and SendingNetwork, have all raised funding in recent months. Io.net, for example, reached $1 billion in token value in March, two sources told The Block at the time. The DePIN project leverages blockchain technology to decentralize physical hardware infrastructure and incentivize users with tokens to expand the network. As of April this year, approximately 70 projects had raised a total of $192 million in the DePIN and Decentralized Artificial Intelligence (DeAI) categories, according to The Block Pro’s funding dashboard.

The Bitcoin ecosystem is also rapidly expanding, and investment activity in network-based startups is increasing. According to The Block Pro’s Funds Dashboard, there have been more transactions involving the Bitcoin ecosystem so far in 2024 than in all of 2023. That means there have been 81 transactions to date, compared to 77 in 2023.

Finally, the tokenization category is also gaining popularity, with several startups in this space securing funding in recent months, including Securitize, Centrifuge, and Backed. As of April this year, more than 25 tokenization-related startups had raised a total of $80 million, according to the dashboard.

Click here to subscribe to the free The Funding newsletter.


Disclaimer: The Block is an independent media outlet delivering news, research and data. As of November 2023, Foresight Ventures is a majority investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, impactful and timely information about the cryptocurrency industry. Below are our current financial disclosures.

© 2023 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be used as legal, tax, investment, financial or other advice.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Gala Games improves leader board rewards and introduces preference systems.

June 20, 2025

Ether Leeum Whale starts a $ 11 million leverage betting in the 30% increase in ETH prices.

June 12, 2025

AI starts a cost -effective batch API for LLM request.

June 12, 2025
Add A Comment

Comments are closed.

Recent Posts

No Altcoin Season 2025 ? Why Bitcoin Dominance Is Holding Strong In The Crypto Market

June 28, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Safe smart account audit summary

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

Bybit Expands Global Reach With Credit Card Crypto Purchases In 25+ Currencies And Cashback Rewards

June 27, 2025

BYDFi Joins Seoul Meta Week 2025, Advancing Web3 Vision And South Korea Strategy

June 27, 2025

Earns $9,800 Per Day With BTC Breaks Through $107,000, GoldenMining Global Market.

June 27, 2025

Why Bakkt Holdings can buy Bitcoin with a $ 1 billion increase

June 27, 2025

NVIDIA RTX strengthens FITY’s AI -centered innovation in Cooler Design.

June 27, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

No Altcoin Season 2025 ? Why Bitcoin Dominance Is Holding Strong In The Crypto Market

June 28, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Why It Matters For Every Crypto Investor

June 27, 2025
Most Popular

Arkham expands support for Solana (SOL) blockchain

October 27, 2024

ETH Memecoin Bellscoin refuses to be counterfeited until it succeeds.

October 26, 2024

Top 10 BitStarz Player Reviews for 2023

February 28, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.