Venture capitalists invested over $10 billion into various crypto projects in the second quarter of the year, the highest amount since 2019.
Coinbase Ventures emerged as the top venture capitalist in the second quarter, making over 20 deals, while sectors like decentralized finance and blockchain infrastructure attracted significant investor interest.
Strive Funds, TwentyOneCapital, and Securitize were among the beneficiaries of the substantial fundraising, with notable investments also going to companies like Digital Asset, Auradine, Kalshi, and ZenMEV.
Galaxy Ventures raised $175 million in external funds in Q2 and focused on supporting projects in payment, stablecoin, and tokenization sectors, marking a period of heightened activity and investment in the crypto space.