Cryptocurrency fundraising surpassed $30 billion within the first half of 2021, reported by Cointelegraph quoting crypto analytics agency Messari and Dove Metrics.
As per the report, the general amount of cash raised within the first six months already exceeds the $30.2 billion that was raised in 1313 rounds all through your complete 12 months of 2021.
The centralised finance (CeFi) trade acquired $10.2 billion in funding, accounting for greater than one-third of the overall capital raised. Excessive funding ranges have been additionally seen within the NFT sector and infrastructure. Decentralised finance (DeFi) investments, however, appear to have lagged behind with solely $1.8 billion in funding over that point.
Crypto exchanges acquired nearly all of the funding in CeFi, which raised a complete of $3.2 billion in finance. Market makers, financial savings/banking account companies, and cost companies have been practically tied for second place.
Gaming-related NFTs took house the lion’s share of funding within the Web3.0 and NFT trade, which raised $8.6 billion in funding through the first half of the 12 months, elevating greater than 4 instances as a lot as every other NFT vertical.
In June, PWC launched its most up-to-date hedge fund examine, which discovered that 38% of hedge funds now spend money on digital property, up from 21% in 2021.
(With inputs from Cointelegraph)
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