The volume of funds attracted by crypto firms following the results of investment rounds in August increased by 39.8% compared to July. Such data is provided by the RootData aggregator.
At the end of the month, venture investors participated in 75 rounds with a total volume of $769.2 million. This contrasts with the situation a year ago – 132 rounds and $1.54 billion.
The chart below shows the downward trend of both indicators over the annual horizon and the improvement in value terms over the past two months.
According to RootData, the jump in fundraising in August is driven by rounds of centralized platforms, with three companies raising $400 million, the most in the last year.
The second place was taken by the category of infrastructure projects ($79 million based on the results of 14 rounds), the third — DeFi ($47 million based on the results of 19 rounds).
Recall that in August, one of the landmark deals, along with the Ramp round ($300 million), was the attraction of $100 million by BitGo cryptocustodian at an estimate of $1.75 billion.
The third place in terms of funds received was the investment in the ZetaChain blockchain platform ($27 million).
The top 6 included Binance Labs’ allocation of $10 million to the Helio Protocol project to expand the liquid staking platform and the seed round of funding for the ZTX metaverse project ($13 million).
Found a mistake in the text? Select it and press CTRL+ENTER
ForkLog Newsletters: Keep your finger on the pulse of the bitcoin industry!