Crypto Fundraising Already Exceeds Full Year 2021: Report

The Messari report found that over $ 30 billion was raised from 1,199 funding rounds in the first half of 2022.

Despite the current market meltdown, the cryptocurrency industry has already raised $ 30.3 billion in funds, surpassing a full year of fundraising in 2021, according to a new report.

In an Aug. 2 report from cryptocurrency analytics firm Messari and Dove Metrics, data shows that the $ 30.3 billion raised in centralized finance (CeFi), decentralized finance (DeFi), non-fungible tokens (NFT) and infrastructure were obtained thanks to 1199 loans. round in the first half of 2022.

The total amount of funds raised during the semester has already exceeded $ 30.2 billion raised in 1,313 rounds across 2021.

More than a third of the total funds raised went to the CeFi sector, which received $ 10.2 billion in funding. The infrastructure and NFT sector also saw heavy investment, however, DeFi investments appear to have fallen behind with just $ 1.8 billion in funding over the period.

Most of the investments in CeFi were for cryptocurrency exchanges, which raised $ 3.2 billion in total funding. Payment Services, Market Makers, and Savings / Banking Account Firms nearly equal in second place.

The Web3 and NFT industry, which raised $ 8.6 billion in funds during the half year, saw gaming-related NFTs capture the lion’s share of investment, increasing more than four times more than any other NFT vertical.

Some of the currently popular NFT-based crypto games include Axie Infinity, Aavegotchi, CryptoKitties, Galaxy Fight Club, and Gods Unchained.

According to PWC’s latest hedge fund report in June, 38% of hedge funds now invest in digital assets, up from 21% in 2021.

PWC’s global financial services leader John Garvey said cryptocurrency is increasingly being used by hedge fund managers to gain an edge over their competitors:

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

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