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Venture capital investments in the crypto industry in April–June reached $6.2 billion

Venture capital investments in the crypto industry in April–June reached $6.2 billion

Venture funding in the blockchain and digital assets industry in Q2 rose 90% to a record $6.2 billion. The Block researchers provide these calculations via The Block.

The researchers counted 497 deals. Of these, 171 and 202 were at the early and seed stages, respectively.

The greatest monetary interest was attracted by firms offering infrastructure solutions and crypto-financial services.

Analysts excluded from the sample the merger of the operator of the cryptocurrency exchange Bullish with SPAC Far Peak Acquisition valued at $9.7 billion.

In the first quarter the figure stood at $3.27 billion. A year earlier, funding amounted to $436 million.

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Data: The Block.

In May, fintech startup Figure Technologies attracted $200 million. In the same month, one of the issuers of USDC, Circle, closed a funding round for $440 million.

In June, the American mining company Stronghold Digital Mining received $105 million following two private placements of securities.

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