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

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



![[Analysis] "XRP risks repeating the 2022 rout…most short-term investors in the red"](https://media.bloomingbit.io/PROD/news/845f37bb-29b4-4bc5-9e10-8cafe305a92f.webp?w=250)