Cryptocurrency Startup Funding Sees $883 Million Influx in February, a Slight 13% Decrease From the Same Period Last Year

By: theblockbeats.news|2026/02/28 14:01:02

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BlockBeats News, February 28th. Despite the market downturn, crypto startups in February raised a total of $883 million, a slight 13% decrease from the same period last year. Among them, DeFi architect Andre Cronje's new project, Flying Tulip, claiming to be "rug pull-proof," raised $206 million. However, shortly after launch, FT's on-chain price dropped below the listing price of $0.1, breaking its "rug pull-proof, principal protection" marketing slogan.

Social e-commerce platform Whop received a $200 million investment from Tether, valuing the company at $16 billion. The first federally chartered digital asset bank in the United States, Anchorage Digital, secured a $1 billion funding round, increasing its valuation to $4.2 billion. Stablecoins, artificial intelligence, and institutional tools have become hot investment areas for 2026.

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