Bitcoin is back in the spotlight in early August, showing the largest one-day gain in the past six weeks, after spread (obviously, false) rumors, that by the end of the year Amazon will accept crypto payments, says Frank Spiteri, director of revenue at CoinShares.
According to experts, institutional structures are moving to long-term investments in crypto companies. In early August, the largest round of funding for a crypto company was held by the FTX crypto exchange, which attracted $900 million.
Blockchain companies attracted record highs in Q2 $4,4 billion, of record $70,4 billion, invested by venture capital companies globally in the II quarter. In this way, to the share of venture capital, attracted by blockchain companies, had to 6,25% of the total volume.
CoinShares has published the following list of the most notable fundraising cases in the second quarter:
- FTX derivatives exchange – $900 million
- Hardware Ledger Wallet – $380
- DeFi blockchain Solana – $314 million
- Paxos – $300 million
- Bitso – $250 million
- BitDAO – $230 million
The company approves, that the project involves not only traditional investors. “Visa and PayPal also took part in attracting $300 млн Blockchain Capital и, which is pretty amazing, Fox Entertainment has invested $100 million. in the NFT project & quot;.
`` We expect, that this trend will increase, as venture capital firms continue to raise more and more funds, dedicated to blockchain, and Andreessen Horowitz has just attracted impressive $2,2 billion for its third crypto fund '', – concludes CoinShares.