Express

CB Insights: Blockchain Industry Attracted A Record $4.38B In Financing In Q2, An Increase Of Over 50% From Q1

Mary Liu

Summary: According to CNBC, data from business analytics company CB Insights shows that blockchain startups raised a record $4.38 billion in financing in the second quarter,  representing an increase of more than 50% over the previous quarter, and an increase of nearly nine times over the same period last year. The financing of the entire FinTech ...

According to CNBC, data from business analytics company CB Insights shows that blockchain startups raised a record $4.38 billion in financing in the second quarter,  representing an increase of more than 50% over the previous quarter, and an increase of nearly nine times over the same period last year.

The financing of the entire FinTech company also set a new record with $30.8 billion, an increase of 30% over the previous quarter and almost three times the same period last year.

Chris Bendtsen, a senior analyst at CB Insights, told CNBC that despite short-term price fluctuations in the crypto market, venture capital firms are still optimistic about the future of cryptocurrencies as a mainstream asset class.

By Mary Liu

  • The Bitcoin Halving is Complete! What’s Next? 5 days ago
  • Runes on Bitcoin: The Next Big Opportunity? 8 days ago
  • Uniswap Sued by SEC: What Does it Mean for the Future of DeFi? 13 days ago
  • The Value of Web3 Social, Explained 13 days ago
  • Initiated by Uweb and Waterdrip Capital, "Deep in Labs" announces its DePIN Demo Day 27 days ago
  • You need to login to comment.