Venture Capital Moving From DeFi to CeFi

Key Takeaways

The trend of massive investment into centralized finance ( CeFi ) and infrastructure projects continued over the past week. CeFi projects raised $430 million, and infrastructure raised $312 million, together making up 80% of this week’s $930 million of investments from venture capital. $167.5 million went into NFTs, and DeFi and gaming brought up the rear with $11.25 million and $7 million, respectively. Two new venture capital funds raised a combined $633 million for investments into gaming andinfrastructure.Active investors this week include a16z, Paradigm, Alameda Resear...