Funding Rebounds to End Q2

Jun 28, 2024 • 4 Min Read

Weekly Recap

In the final week of Q2, crypto funding bounced back, rising 64% from $78 million to $128 million, while deal count rose modestly from 18 to 20. The funding total was dominated by Infrastructure, which comprised 88% of the total and also made up 55% of the total deal count. CeFi broke its streak of two weeks with no deal flow with a singular Series A round completed by Crossover Markets, an execution-only crypto exchange. Although DeFi posted four deals this week, they were all for undisclosed amounts.

Funding was concentrated in Series A and Seed stages, contributing 54% and 27% of...

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