Business magazine Fortune published a study listing the top crypto projects that received the most funding in 2022.
According to the results of the study, as the crisis in the market drags on, investors are less likely to invest in the cryptocurrency industry. Global funding for the crypto industry declined from $8.8 billion in the first quarter of 2022 to $6.2 billion in the second quarter before dropping to $3.4 billion in the third.
The top 3 companies/projects that received the most investments in the past year were:
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Blockchain platform Polygon — in February, the company raised $450 million through a private sale of its own MATIC token.
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YugaLabs, behind the Bored Ape collection of non-fungible tokens, also received $450 million – investors were a16z, Animoca Brands, The Sandbox and the collapsed FTX crypto exchange.
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ConsenSys, which developed the MetaMask crypto wallet, received $450 million in March at a market value of its entire business at $7 billion.
Also, such companies as NEAR Protocol, FTX, Amber Group, issuer USDС Circle and others could boast of investments.
Earlier, Google reported that the downturn in the digital asset market is negatively affecting the advertising costs of financial and cryptocurrency companies. They have fallen to a ten-year low.
Source: Bits
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