Overview of Crypto Funding in February
According to recent data, crypto startups raised around $883 million in venture capital during February 2024, reflecting a 13% drop compared to over $1 billion in the same period last year.
Industry analysts note that the investment focus has shifted toward real revenue generation, user growth, and project sustainability in bearish market conditions. Predictions suggest that by 2026, investor interest will center around stablecoins, payment infrastructure, AI agents, and compliance and treasury tools for institutional clients.
Major Funding Deals in February
Several notable fundraising events caught the market’s attention last month. Flying Tulip secured $206 million through a token sale. The digital goods platform Whop received a strategic investment of $200 million from Tether. Meanwhile, U.S. digital asset bank Anchorage Digital obtained a $100 million strategic equity injection.
- Flying Tulip: $206 million (token sale)
- Whop: $200 million (strategic investment)
- Anchorage Digital: $100 million (strategic equity)