Less Mining, More NFTs
Apr 29, 2022
• 5
Min Read
This week, twenty-six crypto companies raised money through venture capital firms, totaling $622 million. NFT projects received over half of the pool at $319 million. In a relatively slow week for Infrastructure startups, they raised $125 million, followed by DeFi ($113 million), CeFi ($34 million), and lastly, Web3 ($33 million).
Additionally, three new funds launched this week with a combined $1.375 billion, with Dragonfly Capital’s third crypto fund raising $650 million to bring the company’s total AUM to over $3 billion. Mining was still active, though not nearly as much as last we...