2 years ago
In the 4th fourth of 2021, planetary backing roseate to implicit $9 billion, up from implicit $7 cardinal successful the anterior quarter, the marketplace quality steadfast added.
Funding for blockchain start-ups accounted for 4% of planetary task dollars, up from 1% successful 2020. CB Insights sees this percent rising further successful 2022 fixed the maturation successful crypto, NFT and Web 3 startups.
Venture backing for NFT firms jumped to $4.8 cardinal successful 2021, up from conscionable $37 cardinal successful 2020. Meanwhile, planetary DeFi deals executed reached 240, astir doubling from 124 successful 2020.
Overall, implicit 1,000 blockchain deals were executed successful 2021, surpassing 2020’s level of 662. Of those 2021 deals, 79% were early-stage investments, CB Insights said.
Coinbase Ventures was the apical blockchain capitalist successful 2021, with investments successful 68 companies, followed by China-based AU21 Capital with 51 and Andreessen Horowitz (a16z) with 48.
Overall backing into U.S.-based blockchain companies reached $14.1 cardinal successful 2021, up from $1.7 cardinal successful 2020. New York metro-based companies led the mode with $6.5 cardinal successful funding, followed by Silicon Valley astatine $3.9 billion.
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Michael Bellusci is CoinDesk's crypto payments reporter.
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