Various sectors within the crypto ecosystem have garnered different levels of interest from investors. Crypto exchanges, lending platforms, investing, and trading platforms collectively raised over $460 million, accounting for 18% of VC capital raised in the sector.
Following closely behind were Layer 1 projects, which secured approximately $440 million in funding, while Web3/Metaverse projects received around $360 million. Infrastructure projects also saw significant investment, totaling $340 million in funding.
Notably, projects that integrate both crypto and artificial intelligence (AI) technologies attracted around $270 million in funding. This amount is five times higher than the previous quarter, indicating a growing interest in projects that combine these two innovative technologies, according to Galaxy.