#加密风投q2融资56亿美元
👉 一级市场的温度，群里聊
In Q2, risk investment in crypto and blockchain returned to $5.6 billion 💰
It involved 384 deals, with the amount up 31% compared to Q1.
The main boost came from late-stage projects; early-stage activity wasn’t that lively.
On the other side, it’s not good: only five newly established crypto venture funds were raised, totaling $3.9 billion.
This is the lowest since Q4 of 2019.
Money is concentrating in mature projects, but new funds can’t raise—this mix often shows up in the middle of a cycle.
The average deal size for late-stage projects is growing, and institutional capital is back on the table.
Early-stage projects have to rely on new funds, but the new funds’ money hasn’t arrived yet.
The temperature of the primary market determines the supply in the secondary market about six months later.
For crypto, when fundraising is cold, projects will be more cautious.
Do you think this round of recovery can continue? Let’s discuss in the comments.
👉 一级市场的温度，群里聊
In Q2, risk investment in crypto and blockchain returned to $5.6 billion 💰
It involved 384 deals, with the amount up 31% compared to Q1.
The main boost came from late-stage projects; early-stage activity wasn’t that lively.
On the other side, it’s not good: only five newly established crypto venture funds were raised, totaling $3.9 billion.
This is the lowest since Q4 of 2019.
Money is concentrating in mature projects, but new funds can’t raise—this mix often shows up in the middle of a cycle.
The average deal size for late-stage projects is growing, and institutional capital is back on the table.
Early-stage projects have to rely on new funds, but the new funds’ money hasn’t arrived yet.
The temperature of the primary market determines the supply in the secondary market about six months later.
For crypto, when fundraising is cold, projects will be more cautious.
Do you think this round of recovery can continue? Let’s discuss in the comments.
