Coinbase Ventures has made significant investments in the DeFi space, supporting projects such as ZK Link, Dolomite, Hourglass, and PYOR. However, challenges like ensuring safety, regulation, and balancing innovation persist, causing uncertainty for the future of multi-chain trading and DeFi adoption.
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Crypto Startups Raise $56M: Spotlight on DeFi, NFTs, and Blockworks’ $12M Funding
Crypto startups received approximately $56 million in funding this week, focusing mainly on DeFi and NFT-related projects. Blockworks secured the largest sum of $12 million, while Pudgy Penguins obtained $9 million and Odsy Network collected $7.5 million. These figures reflect the continued flow of investments into the crypto and Web3 sectors.