$1.34B invested in crypto companies and funds this week

2022/03/05 02:32

March started off strong as crypto companies and funds alike brought in another substantial week of capital, nearing a total of $1.34 billion. The total money invested this week came from over 20 deals and funds, PitchBook data showed. The week’s biggest raise came from Electric Capital. The firm raised $1 billion to launch two funds: a $400 million venture fund and a $600 million token fund. The capital raise brings the firm into the big leagues alongside major funds such as Andreessen Horowitz (a16z), Paradigm and 10T Holdings.
DisclaimerThe content above does not represent HTX's positions.HTX does not provide any trading recommendations.

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