Virtual asset projects raise $2.67 billion in July... equivalent to 85% of total Q2 funding

Source
Suehyeon Lee

Summary

  • It was reported that the investment raised for virtual asset projects in July recorded $2.67 billion.
  • This is said to be equivalent to 85% of the total funds raised in the second quarter of this year.
  • In particular, the token presale of Pump.fun neared $1 billion, playing a significant role in the expansion of July's investment funds.

Last month, investments raised by virtual asset (cryptocurrency) projects exceeded $2.6 billion.

According to DeFiLlama data cited by CryptoSlate on the 9th (local time), the amount of investment raised for virtual asset projects in July was $2.67 billion (about ₩3.6 trillion), a 6% increase compared to June. This figure represents 85% of the total funds raised in the second quarter of this year.

In particular, the token presale of Pump.fun approached $1 billion, making a significant contribution to the increase in investment funds in July.

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Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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