Cryptocurrency projects and Web3 startups made record profits in 2024

In 2024, investments in cryptocurrency projects and Web3 startups increased significantly, reaching $ 11.5 billion. A total of 1520 projects received funding. The highest activity occurred in the fourth quarter, when $ 3.67 billion was raised, while the lowest was in the first quarter with $ 2.3 billion. The growth of investments indicates an increase in confidence in blockchain infrastructure, GameFi, DeFi, and other innovative sectors. The analysis was collected by Incrypted media.

Animoca Brands became the most active investor of the year, having invested in more than 100 startups, mostly from the GameFi and blockchain infrastructure sectors. OKX Ventures, Binance Labs, and Foresight Ventures also stood out, contributing to the development of the Web3 industry. Investor interest in artificial intelligence has also increased, especially in large projects such as xAI, OpenAI, and Databricks.

Among the leading companies in the AI sector is xAI, a startup by Elon Musk that has raised $ 12 billion in funding. Other significant deals include Databricks ($ 10 billion), OpenAI ($ 6.6 billion), and Anthropic ($ 4 billion). Investments in AI startups highlight their significant potential in various fields, including generative AI, automation, and big data processing.

Countries with the highest investment include the United States ($ 5.43 billion), Canada ($ 449.54 million), and Australia ($ 425.9 million). Another $ 8 billion was invested in startups without a specified jurisdiction.

These trends emphasize the strengthening position of Web3, blockchain, and artificial intelligence in the global investment market.