Global Stock News

Crypto VC funding hits $5.68B in Q2, Galaxy says

Crypto VC funding hits $5.68B in Q2, Galaxy says

Galaxy Research reported on September 16 that venture investment in crypto and blockchain companies rose 31% from the first quarter, while the number of deals increased 10%.

Summary

  • Crypto VC funding reached $5.683 billion in Q2 across 384 deals, up 31% from Q1.
  • Later-stage companies received 78% of Q2 venture capital, while pre-seed deals represented 21% of transactions.
  • Trading, exchange, investing, and lending startups attracted $3.523 billion, nearly three-fifths of Q2 venture capital.
  • U.S.-headquartered companies received 73.5% of Q2 crypto venture capital across 39.1% of completed deals globally.
  • Five crypto venture funds raised roughly $3.9 billion in Q2, the…

Source link

Share this article

Scroll to Top