According to data from The Block Research, the total amount of investments made in companies related to crypto and Blockchain has surpassed $90 billion, marking a significant milestone. This achievement came after more than 50 investments were made just this month, pushing the total investment amount in the industry beyond $90 billion.
Total Investment in Companies Exceeds $90 Billion
The Block Research, which has been meticulously tracking the capital flow into the emerging Blockchain sector since 2017 and providing valuable insights about the growth and development of the industry, reported that the total amount of investments made in crypto and Blockchain-related companies has exceeded $90 billion.
The Block Research Director John Dantoni stated that despite no significant increase in the investment amount, the current state of investments in the Blockchain sector shows encouraging signs. Dantoni highlighted that new investment announcements are concentrated in various categories such as Web3, infrastructure, DeFi, NFT/games, crypto financial services, trading and brokerage, data and analytics, and enterprise.
According to the data, since the beginning of this year alone, approximately $1.3 billion has been reported across more than 230 investments. In 2024, a significant portion of the investments was allocated to projects related to DeFi, infrastructure, NFTs and gaming, and Web3 initiatives. Among the notable venture capitalists and investors participating in investment rounds are Animoca Brands, Polychain Capital, Framework Ventures, and Shima Capital. One of the highest-profile investment deals this month was a $25 million Series A investment in the crypto mobile payment company Oobit by Tether and Solana co-founder Anatoly Yakovenko.
Dantoni also noted a recent increase in Pre-Seed/Seed investments and drew attention to the risk-taking behavior of Asian venture capitalists. Highlighting the growing interest in DeFi and decentralized private investment networks (DePIN), Dantoni mentioned that investors are strategically positioning themselves ahead of the potential start of a new crypto cycle.
More Than 9,500 Investment Deals Announced Since 2017
Despite reaching a significant milestone in investments made in crypto and Blockchain-related companies, most investment announcements, with the exception of the Oobit deal, remained under $10 million.
While the number of new deals made each month has remained relatively stable for several months, the US dollar value is significantly behind the investment levels seen in 2021 and 2022. Data provided by The Block Research shows that since 2017, there have been more than 9,500 investment deals announced in the crypto and Blockchain sector.
