Crypto fundraising rebounded sharply in July, with total capital raised reaching $2.235 billion across 46 deals, according to data from RootData. That marks a 148.9% increase from the $889 million recorded in June, signaling renewed investor appetite despite ongoing market volatility.

CeFi dominates fundraising activity

Centralized finance (CeFi) emerged as the top sector, attracting $1.23 billion across nine deals. This represents more than half of all funds raised during the month, underscoring continued investor confidence in regulated, institutional-grade platforms. Notable deals in this category include infrastructure and lending projects that aim to bridge traditional finance with digital assets.

Infrastructure followed with $413…