The year 2021 turned into a record year for investment activity in the crypto market, with an impressive number of venture capitalists pouring money into crypto startups.<\/p>\n\n\n\n
Crypto companies, according to Block Arabia<\/a>, raised $12.4 billion in funding YTD, more than in the last three years combined.<\/p>\n\n\n\n Data from Crunchbase shows that during 2018, crypto startups raised $4 billion in funding rounds, with the cumulative funding amount reaching $7.9 billion that year. However, in 2019, the investment activity dropped, with the total value of investment falling by 30% YoY to only $2.8 billion.<\/p>\n\n\n\n Although last year witnessed a significant slowdown in venture capital funding caused by the COVID-19 pandemic<\/a>, the total value of investments was still higher than in 2019, amounting to $3.6 billion. Also, by the end of Q4 2020, the cumulative funding amount rose to $14.3 billion globally.<\/p>\n\n\n\n However, in 2021, the investors flocked to this sector, with crypto companies raising more money than ever in the first half of the year.<\/p>\n\n\n\nInvestment activity soared<\/strong><\/h2>\n\n\n\n
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