April 25, 2024

Crypto companies raised over $ 25 billion in investments in 2021

Crypto companies raised over $ 25 billion in investments in 2021

The Block Research estimates that crypto industry companies received $ 25.1 billion in venture funding in 2021.

The amount of attracted investments is more than 8 timesexceeds the last year's figure of $ 3.1 billion. At the same time, the average volume of a venture transaction increased almost 3.7 times, since only 2.2 times more agreements were concluded in 2021.

The volume of 2021 is the highest in the entire history of the cryptoindustry and is 4.3 times higher than the previous record of $ 5.8 billion, recorded in 2018.

Crypto companies raised over $ 25 billion in investments in 2021

Such a powerful influx of capital led toexponential growth of many young companies,protocols and projects. During this period, at least 65 startups received unicorn status, since their estimated value exceeded $ 1 billion. Compared to last year, this figure increased 5.9 times.

Despite the financial success of decentralizedprojects recently criticized by Jack Dorsey and Elon Musk for deviating from the basic concept of Web 3.0 under pressure from investors seeking to maximize profits.

</p>