Crypto fundraising already outpacing all of 2021: Report

Crypto fundraising already outpacing all of 2021: Report


Despite the ongoing market slump, the crypto sector has already raised $30.3 billion in funds, outpacing an entire year of fundraising in 2021, a new report shows. 

In a report on Aug. 2 by crypto analytics firm Messari and Dove Metrics, the data shows that the $30.3 billion raised in centralized finance (CeFi), decentralized finance (DeFi), nonfungible tokens (NFTs), and infrastructure was achieved through 1199 funding rounds in H1 2022.

The total amount of raised funds in the six-month period has already outpaced the $30.2 billion raised in 1313 rounds across the entire of 2021.

Trending: 11 Adults Charged For Sexually Assaulting Children During Witchcraft Rituals

More than a third of the total funds raised went into the CeFi sector, which saw $10.2 billion in funding. The infrastructure and NFT sector also saw high amounts of investment, however,

Continue reading


 

Join the conversation!

Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!

Thanks for sharing!
Send this to a friend