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 12 months of 2021.
The centralised finance (CeFi) trade obtained $10.2 billion in funding, accounting for greater than one-third of the overall capital raised. Excessive funding ranges had been additionally seen within the NFT sector and infrastructure. Decentralised finance (DeFi) investments, then again, appear to have lagged behind with solely $1.Eight 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 fee companies had been almost tied for second place.
Gaming-related NFTs took residence the lion’s share of funding within the Web3.zero and NFT trade, which raised $8.6 billion in funding throughout the first half of the 12 months, elevating greater than 4 instances as a lot as some 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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