PANews reported on January 14 that according to The Block, the total venture capital investment in the crypto industry in the fourth quarter of 2024 reached US$4 billion, involving 687 transactions, the highest single-quarter investment in two years. Among them, infrastructure projects attracted US$4 billion, dominating capital inflows, followed by financial services ($970 million). Web3 projects had the largest number of transactions, with 141 transactions, followed by NFT and game projects, with 132 transactions.

It is worth noting that decentralized finance (DeFi) projects remained stable, completing 125 transactions. Although infrastructure projects had fewer transactions (111), they attracted the most capital. In addition, data analysis (10) and enterprise solutions (18) investments were relatively cautious.

One of the highlights is Echo.xyz, an angel joint investment platform launched by Cobie, which has participated in at least 9 rounds of financing, including helping MegaETH complete a $10 million financing in 3 minutes. This model allows key opinion leaders (KOLs) to create investment consortiums and attract followers to invest together, bringing more democratized opportunities for early crypto investments.