Crypto Fundraising Hits Record High
Crypto fundraising reached a record $3.5 billion last week across 28 deals, driven by blockchain services.
Despite market volatility, with Bitcoin surging to $126,000 before crashing and $20 billion in liquidations, startups in the digital asset space raised a record amount.
- Record $3.5 billion raised across 28 funding rounds.
- Strongest week on record for crypto venture activity.
- Surpassed previous peak of nearly $3 billion set between July 28 and August 3.
Crypto fundraising fluctuates widely, from $150 million to nearly $3 billion over the past six months.
Author's summary: Crypto fundraising hits $3.5B record.