Insights

The crypto and blockchain sector saw $2.4bn invested in Q1 2023, the lowest amount since Q4 2020, continuing a downward trend that begin after a peak of $13bn one year ago.

Venture capitalists invested more than $30bn into crypto and blockchain startups in 2022, nearly matching the $31bn invested in 2021.

In Q3 2022, venture capitalists invested more than $5.5 billion in crypto startups, marking a new low for 2022, but still $2 billion greater than the 7-year average of $3.1 billion and more than $2 billion higher than the 2020 peak.

In Q2 2022, venture capitalists invested more than $8 billion in crypto startups, the fourth-largest quarterly sum ever. The conclusion of Q2 marks the first down quarter in total money invested since the beginning of 2021, but the haul was still more…

Venture funding for crypto and blockchain startups reached another new all-time high despite a drawdown in broader markets.

Last year, venture capital firms invested more money into startups building in the crypto & blockchain technology sector than all prior years combined. Companies facilitating digital assets trading or building in the Web3 segment raised the most.

Q3 2021 saw a resurgence of digital assets markets, with both Bitcoin and Ethereum rallying strongly off summer lows. The money flowing into venture-backed startups in the space hit all-time highs for the third quarter in a row.

Q2 2021 saw all-time highs for digital assets like Bitcoin and Ethereum, but also significant corrections.

Q1 2021 saw a record advance for bitcoin and other digital assets. The money flowing into venture-backed startups in the space also hit all-time highs, even as the total number of deals remained below its Q1 2018 peak.