加密創投飆升：向新創公司注入超過 40 億美元

加密貨幣創投資金在2024 年表現出強勁成長，投資者對以太坊重新抵押、去中心化實體基礎設施網路(DePIN)、比特幣生態系統和現實世界資產(RWA) 代幣化等領域表現出越來越大的興趣。值得注意的是，以太坊重新抵押已成為一個重要的垂直領域，EigenLayer 等協議吸引了大量投資並推出了多個流動性重新抵押平台。

Crypto Venture Capital Surges with Over $4 Billion Injected into Startups

加密創投激增，向新創公司注入超過 40 億美元

The crypto venture capital landscape has witnessed a remarkable resurgence in 2024, with investors pouring over $4 billion into startups across four key areas: Ethereum restaking, decentralized physical infrastructure networks (DePINs), the Bitcoin ecosystem, and real-world asset (RWA) tokenization.

加密貨幣創投格局在2024 年出現了顯著復甦，投資者向四個關鍵領域的新創公司投入了超過40 億美元：以太坊重新抵押、去中心化實體基礎設施網路(DePIN)、比特幣生態系統和現實世界資產(RWA) 代幣化。

Ethereum Restaking: A New Frontier

以太坊重新抵押：新領域

Emerging as a prominent vertical within the blockchain industry, Ethereum restaking has garnered substantial investment thanks to the innovative protocol, EigenLayer. This protocol allows users to restake ether (ETH) and liquid staking tokens with validators in other blockchain networks, enabling them to earn additional rewards. In less than a year, EigenLayer has accrued an impressive $15 billion worth of assets.

作為區塊鏈產業中一個重要的垂直領域，以太坊重新抵押已經憑藉創新協議 EigenLayer 獲得了大量投資。該協議允許用戶透過其他區塊鏈網路中的驗證器重新抵押以太幣（ETH）和流動性抵押代幣，使他們能夠獲得額外的獎勵。在不到一年的時間裡，EigenLayer 累積了價值 150 億美元的資產，令人印象深刻。

The success of EigenLayer has sparked the creation of several EigenLayer-based liquid restaking platforms, collectively amassing over $9 billion in assets. Notable players in this space include Ether.Fi, Renzo, and Puffer Finance, all of which have secured significant funding this year. Ether.Fi raised $27 million in a February round co-led by Bullish and CoinFund, while Puffer Finance netted $18 million in an April Series A round co-led by Brevan Howard Digital and Electric Capital, valuing the company at $200 million. Renzo also secured $3.2 million in seed funding led by Maven11 in January, valuing it at $25 million.

EigenLayer 的成功引發了多個基於 EigenLayer 的流動性重新抵押平台的創建，總資產超過 90 億美元。該領域的著名參與者包括 Ether.Fi、Renzo 和 Puffer Finance，它們今年都獲得了大量資金。 Ether.Fi 在Bullish 和CoinFund 共同牽頭的2 月份融資中籌集了2700 萬美元，而Puffer Finance 在Brevan Howard Digital 和Electric Capital 共同牽頭的4 月份A 輪融資中籌集了1800 萬美元，對該公司的估值為2 億美元。 Renzo 還在 1 月獲得了 Maven11 牽頭的 320 萬美元種子資金，估值為​​ 2500 萬美元。

DePINs: Decentralizing Physical Infrastructure

DePIN：去中心化實體基礎設施

DePIN projects, particularly those built on the Solana blockchain, are gaining significant traction. Several such projects, including Io.net, peaq, IoTex, Natix, and SendingNetwork, have recently raised funding. Notably, Io.net reached a remarkable $1 billion token valuation in March.

DePIN 項目，特別是那些建立在 Solana 區塊鏈上的項目，正在獲得巨大的關注。包括 Io.net、peq、IoTex、Natix 和 SendingNetwork 在內的幾個此類項目最近籌集了資金。值得注意的是，Io.net 在 3 月的代幣估值達到了驚人的 10 億美元。

DePIN projects leverage blockchain technology to decentralize their physical hardware infrastructure, incentivizing users with tokens for expanding their networks. According to The Block Pro's Funding Dashboard, approximately 70 DePIN and decentralized artificial intelligence (DeAI) projects have collectively raised about $192 million as of April 2024.

DePIN 專案利用區塊鏈技術來分散其實體硬體基礎設施，以代幣激勵用戶擴展其網路。根據 The Block Pro 的融資儀表板，截至 2024 年 4 月，大約 70 個 DePIN 和去中心化人工智慧 (DeAI) 專案總共籌集了約 1.92 億美元。

Bitcoin Ecosystem: Expanding Horizons

比特幣生態系：擴大視野

The Bitcoin ecosystem is experiencing a surge in investment activity, with startups building on the network attracting substantial funding. The Block Pro's Funding Dashboard reveals that there have been more Bitcoin ecosystem-related deals in the first half of 2024 than in all of 2023, with 81 deals year-to-date compared to 77 in the previous year.

比特幣生態系統的投資活動正在激增，基於該網路的新創公司吸引了大量資金。 Block Pro 的資金儀表板顯示，2024 年上半年與比特幣生態系統相關的交易比 2023 年全年還要多，今年迄今有 81 筆交易，而前一年為 77 筆。

Tokenization: Real-World Assets Go Digital

代幣化：現實世界資產邁向數位化

Tokenization, the process of converting real-world assets into digital tokens, has also gained popularity. Startups in this vertical, such as Securitize, Centrifuge, and Backed, have all secured funding in recent months. The Block Pro's Funding Dashboard indicates that over 25 tokenization-related startups have raised a total of $80 million as of April 2024.

代幣化（將現實世界資產轉換為數位代幣的過程）也越來越受歡迎。 Securitize、Centrifuge 和 Backed 等這一垂直領域的新創公司近幾個月都獲得了融資。 Block Pro 的融資儀表板顯示，截至 2024 年 4 月，超過 25 家與代幣化相關的新創公司已籌集了總計 8,000 萬美元的資金。

Conclusion

結論

The crypto venture capital industry is experiencing an unprecedented level of resurgence in 2024, with investors recognizing the vast potential of blockchain technology to transform various industries. Ethereum restaking, DePINs, the Bitcoin ecosystem, and RWA tokenization are among the key areas attracting significant investment, highlighting the growing diversity and maturity of the crypto ecosystem. As innovation continues to accelerate in these sectors, the future holds immense promise for the transformative potential of blockchain.

2024 年，加密貨幣創投產業將經歷前所未有的復甦，投資人意識到區塊鏈技術在改變各個產業方面的巨大潛力。以太坊重新抵押、DePIN、比特幣生態系統和 RWA 代幣化是吸引大量投資的關鍵領域，凸顯了加密生態系統日益增長的多樣性和成熟度。隨著這些領域的創新不斷加速，區塊鏈的變革潛力在未來充滿希望。