In Q2 2024, venture capitalists poured $3.194 billion into crypto and blockchain companies across 577 deals. This represents a 28% increase in investment quarter-over-quarter, despite a slight 4% drop in the number of deals. Top Investment Categories? ♦ Web3/NFT/DAO/Metaverse/Gaming: Led the pack with $758 million (24% of total VC funds). Notable deals include Farcaster ($150m) and Zentry ($140m). ♦ Infrastructure, Trading, and Layer 1: Secured 15%, 12%, and 12% of the capital respectively. Layer 1 saw a significant boost with major deals like Monad ($225m) and Berachain ($100m). Bitcoin L2s also saw impressive growth, raising $94.6m, up 174% QoQ. Dive deeper into Crypto & Blockchain Venture Capital Q2 2024 in our latest report by Galaxy Research’s Alex Thorn and Gabe Parker: https://lnkd.in/e2Prj4bn
I agree!
CEO & Founder at Actalink | Ex-Consensys, BNYM, Citi
3moIn the crowd of linkedin posts, it might look like a generic post; though in my view: some of the companies and investments mentioned are going set up a work-life styles such as Slack, TG, or Insta did! Lets keep building #web3