Best Crypto to Buy Now as Funding for Bitcoin Startups Surges 50%
Trammell Venture Partners recently reported that there has been a 50% surge in the number of pre-seed transactions for Bitcoin-related startups in 2024. The data shows that entrepreneurs are willing to enter the crypto arena despite the cautious environment.
The early stage boom in Bitcoin startups has been going on since 2021, according to the Trammell report, as the number of pre-seed deals in the Bitcoin-native niche rose by 767% between 2021 and 2024. During this period, nearly $1.2 billion was invested in these projects.
In an interview with CNBC, Christopher Calicott, managing director at Trammell, said, “With four consecutive years of growth at the earliest stage of bitcoin startup formation, the data now confirm a…
