Crypto Startups Attract $258M in Early February Funding as $2T Market Slump Continues

In the first week of February, crypto startups secured about $258 million in fresh capital even as the wider digital asset market saw an estimated $2 trillion drawdown. The largest deal was Anchorage Digital's $100 million round, followed by TRM Labs with $70 million and Jupiter with $35 million, while Andreessen Horowitz recently raised over $15 billion to target AI and crypto innovation.