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(Kitco News) - A recent report released by the crypto market intelligence firm Messari shows that institutional interest in the cryptocurrency ecosystem remains strong despite the poor performance of the crypto market in the first half of 2022.
According to Messari, at the same time as $1.2 trillion worth of value was disappearing from the crypto market cap, a total of $30.3 billion in funds were raised across 1199 fundraising rounds led by Centralized Finance (CeFi) projects with $10.2 billion in funds raised.
A look back at the fundraising stats for 2021 shows that a total of $30.2 billion was raised from 1313 funding rounds, meaning that 2022 surpassed that total in just six months.
Some key takeaway from the H1 2022 Crypto Fundraising Report from @MessariCrypto (via newly acquired @dovemetrics)
The...
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