Crypto VC funding hits $730.1M across 36 rounds in October, Strive takes 71% of week
- —October: 36 rounds worth $730.1M versus 52 rounds and $680.5M in September
- —Strive raised $630M, or 71% of the week's total funding
- —Wope closed a $200M Series D; Ereborth raised $30M from Robinhood
- —The 30-day investment activity index fell 34% to a 'Low' level
Why it matters: Fewer rounds and a falling activity index point to tightening venture funding for crypto startups.
Source: TokenPost