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 an all-time high of $126,000 before crashing and $20 billion in liquidations, crypto fundraising surged to an all-time high.
- Startups in the digital asset space raised $3.5 billion across 28 funding rounds.
- This marks the strongest week on record for crypto venture activity, surpassing the previous peak of nearly $3 billion.
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.
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Author's summary: Crypto fundraising hits record $3.5B despite market volatility.