Quick Take
- Roughly $3.84 billion was deployed into crypto-related companies last month. Last month’s funding was the highest this year and equated to more private investment than all of 2020 combined
- A revival in DeFi investment last month has primarily been related to VC firms backing non-Ethereum projects
- NFTs/Gaming projects continue to attract the most investment from any vertical, accounting for roughly 42% of all crypto-related deals for the second consecutive quarter