37 crypto startups raised $317.87 million in the first half of June.

In the first half of June 2023, 37 crypto startups collectively raised $317.87 million in funding. Among them, the modular blockchain project Avail led with a funding amount of $43 million, with the round led by Cyber Fund, Founders Fund, and Dragonfly. Following closely is the decentralized stablecoin mining project M^0, with a $35 million Series A funding round led by Bain Capital Crypto. Other notable funding projects include XREX, Layer 3, Fhenix, Squads, and Goplus. The data for this period indicates that the crypto market continues to attract significant venture capital, with multiple projects receiving support from prominent investors.