Crypto Companies Have Raised Over $26.4 Billion in the Past Five Months, Triple the Amount in the Same Period Last Year

Cryptocurrency and blockchain companies raised at least $26.4 billion in 992 deals in the first five months of the year, triple the $8.8 billion in the same period last year, according to crypto funding database Dove Metrics.

Between January and May, the largest share of global cryptocurrency funding came from infrastructure (34%), followed by centralized finance (26.3%).