Overview of Q3′ 21 private funding of crypto companies PlatoBlockchain Data Intelligence. Vertical Search. Ai.

Overview of Q3′ 21 private funding of crypto companies

October 5, 2021, 2:51PM EDT

• 11 min read

Overview of Q3′ 21 private funding of crypto companies PlatoBlockchain Data Intelligence. Vertical Search. Ai.

Quick Take

  • During Q3, the industry received nearly $8 billion in private investment across 423 total deals
  • In 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 combined
  • A significant trend in Q3 was that the valuations of mid-sized companies conducting a Series B round in the crypto sector increased substantially
  • The NFTs/Gaming vertical surpassed DeFi during Q3 to be the most popular deal type amongst investors
  • Twelve of the fifteen largest deals to ever happen in the industry, or 80%, have occurred this year. 

Join The Block Research for exclusive research like this

Gain access to this research piece and 100s of others, including ecosystem maps, company profiles, and topics spanning DeFi, CBDCs, banking and markets. Together with additional services, we help organizations understand what’s happening in the rapidly developing digital asset ecosystem.

Already a Research Member? Login Here

Source: https://www.theblockresearch.com/overview-of-q3-21-private-funding-of-crypto-companies-119395?utm_source=rss&utm_medium=rss

Time Stamp:

More from The Block Crypto