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"Venture funding for crypto/blockchain related companies totaled ~$1.24B during the period. Crypto made up 20% of fintech-related investments, up from 6.5% from 2019-2020. Crypto is attracting institutional investors across the board. Since Coinbase’s IPO in April, crypto has become a priority for many funds looking for exposure.
Areas that the most active funds are interested in?
It’s no surprise that it’s DeFi, NFTs, and gaming. The crypto trifecta leading growth, hype, and broad market interest this year. Notable projects: Uniswap, Crypto Punks and Axies."
-Harsharn Singh, Investment Associate @ Ember Fund
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