Galaxy Research: crypto startups raised $5.68 billion in quarter, up 31%
- —Venture funding rose 31% quarter over quarter to $5.68 billion
- —78% of capital went to late-stage rounds, 22% to early-stage
- —Over $10 billion was raised across 744 deals in the first half
- —Galaxy's full-year forecast is $20.04 billion versus $20.3 billion a year earlier
Why it matters: Rising venture funding signals renewed interest in the crypto industry, but capital is concentrating in mature projects.
Source: BitNovosti