Investors Love Sustainable Mining

This week twenty-seven crypto companies raised capital totaling $1.46 billion, more than half of which went to two miners, Crusoe Energy Systems and Bit Digital. Web3 came in second, bringing in over $226 million, followed by CeFi ($137 million), NFTs ($129 million), Infrastructure ($92 million), and DeFi ($20 million).

Additionally, four funds launched this week after raising a combined $610 million. Framework Ventures’ newest fund was the standout, raising $400 million for web3 gaming and DeFi investments.

Deal of The Week