TheBlock
2021-10-05 18:51:10

Overview of Q3′ 21 private funding of crypto companies

Quick TakeDuring Q3, the industry received nearly $8 billion in private investment across 423 total dealsIn aggregate, venture capital firms have injected roughly $17.8 billion into crypto firms from the beginning of the year through the end of Q3, which equates to more capital than the previous six years combinedA significant trend in Q3 was that the valuations of mid-sized companies conducting a Series B round in the crypto sector increased substantiallyThe NFTs/Gaming vertical surpassed DeFi during Q3 to be the most popular deal type amongst investorsTwelve of the fifteenth largest deals to ever happen in the industry, or 80%, have occurred this year. 

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