{"id":84176,"date":"2023-09-08T10:25:44","date_gmt":"2023-09-08T07:25:44","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=84176"},"modified":"2025-09-12T15:45:35","modified_gmt":"2025-09-12T12:45:35","slug":"report-crypto-venture-deals-rise-40-in-august","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/report-crypto-venture-deals-rise-40-in-august\/","title":{"rendered":"Report: Crypto venture deals rise 40% in August"},"content":{"rendered":"

Funding raised by crypto firms through funding rounds in August rose by 39.8% from July. The data comes from the aggregator RootData<\/a>.<\/p>\n

In August, venture investors participated in 75 rounds, totaling $769.2 million. This contrasts with the same period last year \u2014 132 rounds and $1.54 billion.<\/p>\n

The chart below shows a downward trend in both indicators on a year-on-year basis and improved price momentum over the last two months.<\/p>\n

\n
\"image-602\"
Data: RootData.<\/figcaption><\/figure>\n<\/div>\n

According to RootData, the surge in funds raised in August was driven by rounds of centralized platforms \u2014 three companies raised $400 million, the highest in the last year.<\/p>\n

The second place went to the infrastructure projects category ($79 million across 14 rounds), the third to DeFi ($47 million across 19 rounds).<\/p>\n

\n
\"image-603\"
Data: RootData.<\/figcaption><\/figure>\n<\/div>\n

One of August’s notable deals, alongside Ramp’s $300 million round, was the $100 million raise for cryptocurrency custodian BitGo<\/a> at a $1.75 billion valuation.<\/p>\n

Third place by amount raised went to investments in the blockchain platform ZetaChain<\/a> ($27 million).<\/p>\n

The top six included Binance Labs funding for the Helio Protocol project<\/a> $10 million to expand the platform of liquid staking<\/a> and the seed round for the ZTX metaverse project<\/a> ($13 million).<\/p>\n","protected":false},"excerpt":{"rendered":"

The volume of funds raised by crypto firms through funding rounds in August rose 39.8% from July, according to the RootData aggregator.<\/p>\n","protected":false},"author":1,"featured_media":84177,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[167,1133],"class_list":["post-84176","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-research","tag-venture-investments"],"aioseo_notices":[],"amp_enabled":true,"views":"12","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/84176","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=84176"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/84176\/revisions"}],"predecessor-version":[{"id":84178,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/84176\/revisions\/84178"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/84177"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=84176"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=84176"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=84176"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}