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  • 22 July

    Crypto Startups Raised Over $4.3B in Q2 2021 Despite Market Slump

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Thu, Jul 22, 2021 10:17 PM by Coinfomania

Crypto Startups Raised Over $4.3B in Q2 2021 Despite Market Slump

Despite the massive dip of the crypto market, startups in the industry were able to raise record-breaking funds from institutional investors in Q2 2021. According to data published by analyst giant CB Insights as reported by CNBC, blockchain and crypto-related companies successfully raised a whopping $4.38 billion in Q2 2021. The amount is up by more than 50% compared to the previous quarter, and also increased by almost nine times during the same quarter in the previous year. Circle and Ledger Take the Lead Notably, the most significant funding round recorded in the period was from payments and cryptocurrency firm

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