Crypto Fundraising Hits Record High
Crypto fundraising reached a record $3.5 billion last week across 28 deals, led by blockchain services.
Despite market volatility, with Bitcoin surging to $126,000 before crashing and $20 billion in liquidations, startups in the digital asset space raised a record amount.
- Record $3.5 billion raised across 28 funding rounds.
- Strongest week on record for crypto venture activity.
- Previous peak was nearly $3 billion between July 28 and August 3.
Crypto fundraising surged to an all-time high last week.
Weekly fundraising has fluctuated widely over the past six months, from $150 million to nearly $3 billion, underscoring the unpredictable nature of capital flows in the sector.
Author summary: Crypto fundraising hits $3.5B record.
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