November Recap

Despite liquid token prices suffering steep drawdowns over the past two months, the private market has remained extremely strong. There was a total of $1.4 billion in funding across 57 deals in November. This was the third consecutive month with more than $1 billion in funding, marking the longest monthly streak since Q1 2023. In addition to funding totals increasing, there has been a notable rise in valuations. November saw multiple companies raise at multi-billion-dollar valuations, including Revolut at $75 billion, Ripple Labs at $40 billion, Kraken at $20 billion, and Li...