Private capital continues to flow into the crypto industry

2022 has started where 2021 ended, with several enormous capital raises in the crypto industry. How long will the money keep flowing into this market?
Source: Architect Partners

In 2022, we have seen 36 crypto capital raises of more than $100 million. The biggest was Luna Foundation Guard's $1 billion raise to form a bitcoin reserve for the UST stablecoin. The second-largest was institutional crypto platform Fireblocks' $550 million raise.

The international unit of crypto exchange FTX raised $400 million in January at a $32 billion valuation, while their American arm FTX US raised $400 million the same month at an $8 billion valuation.

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