Report: Crypto Fundraising Rose to $10 Billion in Second Quarter, Highest in Three Years
Venture capitalists poured over $10 billion into various crypto projects between April and June. According to CryptoRank data, crypto entrepreneurs hadn’t received investment worth the mentioned amount since early 2022. In June alone, crypto projects pulled in $5.14 billion, indicating renewed investor interest. Strive Funds, a fund manager established by billionaire Vivek Ramaswamy, obtained $750
Andrew RichardUpdated 2 min read
Venture capitalists poured over $10 billion into various crypto projects between April and June. According to CryptoRank data, crypto entrepreneurs hadn’t received investment worth the mentioned amount since early 2022.
In June alone, crypto projects pulled in $5.14 billion, indicating renewed investor interest. Strive Funds, a fund manager established by billionaire Vivek Ramaswamy, obtained $750 million in venture capital last quarter, becoming the biggest beneficiary. The company announced earlier this year that it was seeking funds to build a Bitcoin reserve.
Meanwhile, TwentyOneCapital saw the second-largest fundraise, securing $584 million in April. Securitize came in third with $400 million in funding. Other companies that secured notable investments include Digital Asset ($136 million), Auradine ($152 million), Kalshi ($184 million), and ZenMEV ($145 million).
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