Venture Capital Is Bullish On All Fronts
Jan 21, 2022
• 12
Min Read
Key Takeaways
Venture capital firms took a shotgun approach to investing this week, raising just over $1 billion in total for investments across the crypto space, focusing heavily on NFTs, Infrastructure, and Centralized Finance (CeFi) projects. NFT projects raised $240 million, infrastructure saw $239 million, CeFi raked in $324 million, and DeFi and Metaverse raised $33 million and $45 million, respectively. Acquisition activity was also high, with OpenSea and BitMEX eyeing other companies’ capabilities to enhance their own platforms and product offerings. Active investors this week include...