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Crypto Fundraising Trumps All Other In 2021

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Crypto Fundraising Trumps All Other In 2021

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Crypto fundraising trumps all other types of fundraising in 2021 according to a report.

In the first half of 2022, 1199 funding rounds raised almost $30 billion, according to the Messari report.

Despite the present market decline, the crypto industry has already raised $30.3 billion in funding, surpassing the amount raised in 2021 as a whole, according to a recent study.

According to research released on Aug. 2 by crypto analytics company Messari and Dove Metrics, the $30.3 billion raised in infrastructure, nonfungible tokens (NFTs), centralized finance (CeFi), and decentralized finance (DeFi) in H1 2022 was accomplished through 1199 fundraising rounds.

The overall amount of money raised in the first six months already exceeds the $30.2 billion that was raised in 1313 rounds throughout the entire year of 2021.

The CeFi industry received $10.2 billion in funding, accounting for more than one-third of the total capital raised. Although there was a lot of investment in the NFT and infrastructure sectors as well, DeFi investments only received $1.8 billion in funding during that time.

Crypto exchanges received the majority of the investment in CeFi, which raised a total of $3.2 billion in finance. Market makers, savings/banking account businesses, and payment services were nearly tied for second position.

Gaming-related NFTs took home the lion’s share of investment in the Web3 and NFT industry, which raised $8.6 billion in funding during the first half of the year, raising more than four times as much as any other NFT vertical.

Aavegotchi, CryptoKitties, Galaxy Fight Club, and Gods Unchained are a few of the NFT-based crypto games that are now in demand.

crypto funding trumps, 2021

In June, PWC released its most recent hedge fund study, which found that 38% of hedge funds now invest in digital assets, up from 21% in 2021.

According to PWC Global Financial Services Leader John Garvey, hedge fund managers are increasingly using cryptocurrency to gain an advantage over rivals:

“It’s the search for alpha. Everyone is always looking for an angle in… so how are you going to beat the benchmarks? You have to try something different and new and unorthodox.”

Another interesting fact from PWC’s report is that the launch of new crypto funds appears in correlation with the rise of Bitcoin.

We can honestly say that crypto fundraising trumps all other types in 2021.

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