Crypto Startups Secure $95 Million in Funding Amid Market Downturn

Crypto startups have successfully raised $95 million in funding this week, with a focus on prediction markets and AI-powered agents. According to NS3.AI, the ongoing downturn in the $2 trillion crypto market has led to reduced competition from less committed investors, resulting in more favorable deal terms for high-quality projects. Notable funding rounds include Novig's $75 million for a peer-to-peer sports prediction platform, Kresus Labs' $13 million for a simplified Web3 wallet, and PlutonAI's $2.7 million for autonomous AI DeFi agents.