VCs pour $14.2B into crypto in H1 2022, but investments now slowing

Cointelegraph

Published Sep 06, 2022 09:45PM ET

Updated Sep 06, 2022 11:20PM ET

Venture capital firms poured $14.2 billion into crypto across 725 deals in the first half of 2022, but big four accounting firm KPMG predicts investments will likely slow for the remainder of the year.

According to a newly released KPMG report on Sept. 6, the largest investments in H1 2022 came from German-based crypto trading platform Trade Republic ($1.1 billion), digital asset custody platform Fireblocks ($550 million), crypto exchange FTX ($500 million), and Ethereum software company ConsenSys ($450 million).

Total global investment activity (VC, PE and M&A) in blockchain & cryptocurrency. Source: KPMG.

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