The blockchain space experienced a surge in VC funding this week, with 23 startups securing over $154 million.

The total amount exceeded last week's funding by $91 million, with 10 more projects receiving investment.

Conduit led the pack with a $37 million series A round.

MegaLabs raised $20 million for their Ethereum scaling protocol.

Ora secured $20 million for integrating AI into decentralized applications.

Crossover Markets received $12 million for their institutional trading venue for digital assets.

Redacted raised $10 million for their web3 entertainment platform.

AnchorZero secured $8 million for tax savings strategies.

Covalent closed a $5 million funding round for blockchain data infrastructure.

SoSoValue received $4.15 million for their AI-driven data services.

These investments will support the development of various blockchain projects and technologies.

The aim is to make on-chain computing more accessible, accelerate the development of new protocols, tokenize AI models, simplify tax strategies for founders, expand blockchain data infrastructure, and empower investors with AI-driven data services.