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<ul class="wp-block-list">
 <li>Crypto startups saw a 30% VC funding increase in October, driven by infrastructure and gaming investments.</li>  
 <li>Blockchain gaming funding surged 75%, with Azra Games securing $42.7M from top venture capital firms.</li>  
 <li>DeFi sector funding rebounded to $98M in October, signaling renewed investor interest in decentralized finance.</li> 
</ul>  
<p>October saw VC funding for crypto startups stand at $860 million, which is 30% higher than that of the previous month. This jump represents the most substantial monthly total since April, when investments peaked at $954 million, according to <a href="https://defillama.com/raises" target="_blank" rel="noopener noreferrer nofollow">DefiLlama</a>.&nbsp;</p>  
<p>This resurgence reflects growing interest across several blockchain sectors, including blockchain gaming, infrastructure, and decentralized finance (DeFi).</p>  
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<h2 class="wp-block-heading" id="h-blockchain-gaming-investments-rise-nbsp"><strong>Blockchain Gaming Investments Rise</strong>&nbsp;</h2>  
<p>The blockchain gaming industry also recorded increased funding with over $110 million invested in the sector. Compared to September, this is a 75 % rise, which makes October the third consecutive month that has recorded higher investment.&nbsp;</p>  
<p>Azra Games, a mobile gaming studio, attracted the largest share, securing $42.7 million from prominent VC firms like <a href="https://cryptonewsland.com/pantera-capital-seeks-new-investments-in-toncoin-amidst-rapid-growth/" target="_blank" rel="noopener noreferrer nofollow">Pantera Capital</a>, a16z Crypto, and NFX. This funding underscores the rising confidence in blockchain-based gaming ventures.</p>  
<h2 class="wp-block-heading" id="h-infrastructure-solutions-dominate-vc-funding-nbsp"><strong>Infrastructure Solutions Dominate VC Funding</strong>&nbsp;</h2>  
<p>Infrastructure solutions took the lead, capturing $609 million in venture capital, up by 33% from September. The sector’s largest investment went to <a href="https://cryptonewsland.com/blockstreams-liquid-network-issues-1-8b-in-assets-as-210m-funding-fuels-growth/" target="_blank" rel="noopener noreferrer nofollow">Blockstream,</a> a Bitcoin-focused infrastructure provider, which raised $210 million from Fulgur Ventures.&nbsp;</p>  
<p>Yellow Card, another infrastructure startup focused on simplifying crypto access for African users, followed with a $33 million Series C round. Glow Labs, a company leveraging blockchain to support solar energy adoption through community platforms, secured $30 million, marking it as the third largest infrastructure-related funding round.</p>  
<h2 class="wp-block-heading" id="h-defi-funding-shows-signs-of-recovery"><strong>DeFi Funding Shows Signs of Recovery</strong></h2>  
<p>After facing a 55% funding decline from August to September, the DeFi sector rebounded with $98 million in October. Solv, a platform offering Bitcoin staking services, led the way, raising $11 million from investors like Laser Digital, Blockchain Capital, and OKX Ventures.&nbsp;</p>  
<p>Another notable player, Variational, raised $10.3 million in seed funding, backed by Bain Capital Crypto and Peak XV Partners, to develop its decentralized derivatives platform.</p>  
<p>This robust wave of investments across gaming, infrastructure, and DeFi highlights a renewed confidence in crypto ventures. Venture capitalists are increasingly placing bets on diverse blockchain innovations, suggesting a strong belief in the sector's potential for growth.</p> 
<p>The post <a href="https://cryptonewsland.com/october-sees-860m-vc-boost-for-crypto-startups/" rel="noopener noreferrer nofollow">October Sees $860M VC Boost for Crypto Startups, Led by Infrastructure and Gaming Sectors</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

October Sees $860M VC Boost for Crypto Startups, Led by Infrastructure and Gaming Sectors

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