Venture capitalists invested over $10 billion in various crypto projects in Q2, the highest amount since early 2022, with $5.14 billion raised in June alone.
Coinbase Ventures led the investments with over 20 deals in Q2, followed by Pantera Capital, Galaxy Ventures, and Paradigm.
Decentralized finance and blockchain infrastructure attracted significant investor interest, while meme coins received the least funding in Q2.
Galaxy Ventures raised $175 million in external funds in June and aims to support projects in payment, stablecoin, and tokenization sectors.