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.
Nfts -> Gaming secured $ 4 billion (!) In funding, eclipsing all other segments. Most of the trading volume was on Ethereum, but $ actually moved to other chains.
(you can read our recent IMX report here on Gaming Acceleration https://t.co/I99dmPZ2Mq) pic.twitter.com/lGpLckvIjC– Dunleavy (@ dunleavy89) 2 August 2022
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.