Crypto Funding Has Suparssed $100B Amid Mixed Results
- Crypto startups have hauled over $101 billion since 2014.
- VC deals and token sales represent the major propellant of the crypto industry’s growth.
- Investors are scared by blow-ups like the situation with Sam Bankman-Fried’s FTX.
According to data from DeFiLlama, crypto startups have hauled over $101 billion since 2014 across 5,287 funding rounds. The Block Research shows that a significant chunk of this investment came in after 2017, with the crypto industry attracting more than $95 billion of cumulative investment since then.
Meanwhile, a Bloomberg analysis reveals that venture capital deals and token sales represent the major propellant of the crypto industry’s growth concerning fundraising. However, there are mixed results among investors within the crypto ecosystem following the varying outcomes among the projects they invested in.
Notably, the analysis clarified that the pattern of exits in the crypto industry has been different, not following the traditional trend. Paul Veradittakit, the managing partner at Pantera Capital, thinks the exits are taking longer than usual, highlighting Coinbase Global Inc.’s $86 billion direct listing on the Nasdaq in…
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