{"id":46420,"date":"2021-07-20T18:15:00","date_gmt":"2021-07-20T15:15:00","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=46420"},"modified":"2025-09-01T16:18:28","modified_gmt":"2025-09-01T13:18:28","slug":"crypto-firms-accounted-for-3-of-global-venture-funding-in-2021","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/crypto-firms-accounted-for-3-of-global-venture-funding-in-2021\/","title":{"rendered":"Crypto firms accounted for 3% of global venture funding in 2021"},"content":{"rendered":"

In the first half of 2021, venture funding in the blockchain and digital assets industry reached $8.8 billion (excluding \u0438\u043d\u0432\u0435\u0441\u0442\u0438\u0446\u0438\u0439<\/a> Block.one in the Bullish exchange). The sector accounted for just over 3% of total deal value, which amounted to $288 billion, according to Crunchbase News<\/a>.<\/p>\n

\"\u0412
Trajectory of deal volume and structure of global venture investments by stage. Data: Crunchbase News.
<\/figcaption><\/figure>\n

The first half of 2021 was a record for venture deals: the figure rose 61% from the previous peak of $179 billion, recorded over the last two quarters of 2020.<\/p>\n

In six months, participants in the digital assets industry attracted more funding than in the previous two years.<\/p>\n

In Q1 venture funding in cryptocurrency companies \u0441\u043e\u0441\u0442\u0430\u0432\u0438\u043b \u043e\u043a\u043e\u043b\u043e $2,6 \u043c\u043b\u0440\u0434<\/a>. In Q2, the figure increased by 90%, \u0434\u043e \u0440\u0435\u043a\u043e\u0440\u0434\u043d\u044b\u0445 $6,2 \u043c\u043b\u0440\u0434<\/a>, \u2014 accounting for nearly 4% of global funding, which reached about $163 billion.<\/p>\n

According to CB Insights, in April\u2013March every fifth dollar of venture funding went to fintech companies, which drew a total of $33.7 billion.<\/p>\n

Almost 20% of these investments were captured by blockchain players. In 2019\u20132020 their share stood at around 6%.<\/p>\n

According to Crunchbase, during the period under review, investors favoured late-stage companies. This held true for the cryptocurrency industry as well.<\/p>\n

The trend was particularly evident in Q2, when such companies closed more than 40 deals \u2014 in the first three months of 2021 their number did not exceed 23.<\/p>\n

The increased funding activity may be linked to the activity of crossover investors (crossover investors<\/a>) such as Tiger Global Management. The latter participated in 144 deals, overseeing 87 investment rounds.<\/p>\n

\n

Pictured: a Series B founder with moderate product-market fit opens an unsolicited envelope from Tiger Global pic.twitter.com\/WaiJluWBok<\/a><\/p>\n

\u2014 Everett Randle (@EverettRandle) February 23, 2021<\/a><\/p><\/blockquote>\n