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 sum of money raised within the first six months already exceeds the $30.2 billion that was raised in 1313 rounds all through the whole yr of 2021.
The centralised finance (CeFi) trade obtained $10.2 billion in funding, accounting for greater than one-third of the entire capital raised. Excessive funding ranges had 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 obtained the vast majority of the funding in CeFi, which raised a complete of $3.2 billion in finance. Market makers, financial savings/banking account companies, and cost providers had been almost tied for second place.
Gaming-related NFTs took dwelling the lion’s share of funding within the Web3.0 and NFT trade, which raised $8.6 billion in funding throughout the first half of the yr, 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 belongings, up from 21% in 2021.
(With inputs from Cointelegraph)
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