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Despite growing adoption and popularity, a steadiness in cryptocurrency funding has been observed in the past 30 days. According to data from Rootdata(dot)com, total funds raised by crypto-based companies fell 36.82%, reaching $786.73 million, which was earlier $1.24 billion.&nbsp; 
Notably, the number of funding rounds has also fallen, reaching 93, which were 189 declining 50.79 percent. The fundraising has been led by the centralized finance projects, which collectively raised $33,789,035, followed by the decentralized finance project totaling funds of $22,358,357.&nbsp; Source: Rootdata&nbsp; 
Decentralized gaming infrastructure remains slow in fundraising, only raising $250,000, and it is worth noting that $0 has been raised by NFT-based companies or projects in the past 30 days.&nbsp; 
Not only in the past 30 days but also in 90 days and 180 days, a major decline in the total number of funding rounds and the amount raised has been seen. In the past 90 days, the total amount raised was $2.11 billion, falling 36.23%, which was earlier $3.31 billion.&nbsp; 
In the 90-day time frame, the funding round fell 37.03%, reaching 301 rounds which were earlier 478 rounds. However, the median has seen an addition of 21.21% in the same time frame reaching $5 million from $4.12 million.&nbsp; 
Yellow Card, one of the fastest-developing <a href="https://news.todayq.com/crypto-funding-plunges-16-in-30-days-reaching-1-17b-rootdata/" target="_blank" rel="noreferrer noopener">cryptocurrency </a>exchanges, has raised $33 million in a Series C funding round; Blockchain Capital, Castle Island, Polychain, and a few others led the funding round.&nbsp; 
Gaming infrastructure Azra Games has raised $42 million in Series A funding round, majorly led by Pantera Capital, NFX, and Andreessen Horowitz.&nbsp; 
The so-called contender of X (formerly Twitter) Bluesky, a decentralized social media network, has raised $15 million in a Series A funding round led by Blockchain Capital, SevenX Ventures, and Alumni Ventures. There is speculation that the social media platform has been developed in close collaboration with the original founder of Twitter.&nbsp; Source: Rootdata&nbsp; 
Considerable positivity in the founding round was observed in March, April, and August of 2024. Although the yearly chart of crypto funding is at its peak, it is greater than any other year.&nbsp; 
Who Led the Most Number of Crypto Funding in the Past 30 Days? 
The list of crypto investors is quite long, and every quarter, some fresh venture capital debuts in the crypto funding sector for its advancement and development. 
In the past 30 days, Animoca Brands has backed 9 funding rounds, followed by CMS Holdings, which led 7 fund rounds, and Andreessen Horowitz has participated in 6 funding rounds.&nbsp; 
Ekram Ahmed, Head of Marketing &amp; Communications at Celestia, became one of the most prominent individual investors who solely participated in 5 funding rounds in the past 30 days, and in total, he has funded 6 projects.&nbsp; 
On November 03, 2024, GameBeast secured $2 million in funding from Tido Capital, Aza Ventures, T Fund, and a few others.&nbsp; As per finance experts, in the coming year, a major boost in crypto funding is expected as Bitcoin and other leading tokens have been approaching their high constantly.&nbsp;

Crypto Funding Declines: $786M Raised in Last 30 Days- Data

Todayq News

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