Crypto Startups Raise $1.15B Last Month: Will Crypto ICOs like $BTCBULL Take Off Next?

Summary

In June, crypto and Web3 startups raised $1.15 billion across 140 deals, marking a 3% increase in capital and a 9% rise in deals from May. Notable funding included Kalshi's $185 million and Digital Asset's $135 million for its Canton blockchain. Private token sales also thrived, with World Liberty Finance raising $100 million and Eigen Labs securing $70 million. The focus on innovative technologies, such as Zama FHE's $57 million Series B round for fully homomorphic encryption, indicates strong investor confidence in decentralized technologies. BTCBULL Token ($BTCBULL) offers a low-cost investment opportunity tied to Bitcoin's price movements, with benefits including Bitcoin airdrops and a deflationary model through token burns. The presale ends on July 7, offering competitive staking rewards of 52%. Overall, June's funding and innovation trends suggest a robust outlook for the crypto market.