This report offers an overview of the fundraising deals within the global crypto market in 2022. The goal is to generate valuable information that can be used to pinpoint distinct crypto and blockchain market trends and anticipate future developments. CoinCarp will stay abreast of the changes and developments in the crypto landscape and release a yearly report to keep its readers informed. If you have any feedback, we would be delighted to hear from you.

Crypto Fundraising Global Landscape

In 2022, the total number of crypto fundraising deals was 1982, an increase of 48.24% from 1337 in 2021; the total financing in 2022 was US$41.97B, a 42.53% increase from the previous year. 1.56% of the crypto projects are in the Undisclosed series stage. From the perspective of fundraising scale, there were 550 projects of fundraising above $10M, which has increased by 83.95%, compared to 2021. 82 projects of fundraising above $100M, which has increased 36.67%, compared to 2021. By geography, a total of 615 projects founded in the United States of America received $20.44B, becoming the country with the largest number of crypto fundraising projects in the world. Among the $10M fundraising deal projects, mainly the United States of America, United Kingdom, Singapore, and Canada.

Crypto Fundraising Deal Count by Sector

In 2022, out of the 1982 projects that were successfully financed, 742 of them were Web 3.0 projects, constituting 37.44% of the total projects. These projects raised a total of US11.17B, which is 37.44% of the total funds raised that month. This amount is US$8.19B higher than the funds raised in 2021.

Out of the 1982 Web3.0 projects, the most relevant are those related to the Gaming category, with 176 being in the Gaming category and 119 in the Metaverse category.

In 2022, a total of 288 projects involving blockchain infrastructure received $11.60B in funding, representing 27.63% of all financing.

There were 338 DeFi-related projects, making up 17.05% of all financing projects in 2022. The total amount of DeFi-related projects raised was $3.56B, representing 8.48% of the total financing, this was an increase of 60.73% compared to 2021.

In 2022, 226 CeFi projects were funded, comprising 11.4% of the total number of financing projects. Altogether, these projects raised $9.64B, which was 22.98% of the total financing in 2022, representing a -31.14% decrease from 2021.

Additionally, there were 318 NFT projects that have received a total of $5.06B in financing. Representing 12.06% of all financing, this was an increase of 47.49% compared to 2021.

Number of Investments by Investors

In 2022, Animoca Brands had the most investments, with a total of 126 projects, including 68 Web3, 45 NFTs, 9 DeFi, 6 Infrastructure, 3 CeFi and 2 Others projects.

Also, Coinbase Ventures has invested 125 projects, with 32 of those investments going towards DeFi projects, 44 towards Web3 projects, 32 towards DeFi projects, 22 towards Infrastructure projects, 15 towards NFTs projects, 15 towards CeFi projects and 6 towards Others projectsOther investment institutions\VC funds such as Infrastructure, NFTs, CeFi, Others etc. also invested in more than one project in 2022.

Top 5 Crypto Fundraising Deals In 2022

• Epic Games($2.00B) | An interactive entertainment company that develops games and offers its game engine technology to other developers — with participation from KIRKBI, Sony
• Citadel Securities($1.15B) | A leading quantitative trading firm and market maker — with participation from Paradigm, Sequoia Capital
• Luna Foundation Guard($1.00B) | A nonprofit organization focused on Terra and dedicated to creating and providing greater economic sovereignty, security, and sustainability of open-source software and applications — with participation from DeFiance Capital, GSR Ventures, Jump Capital, Republic, Three Arrows Capital, Tribe Capital
• Animoca Brands($1.00B) | Animoca Brands is a leader in digital entertainment, blockchain, and gamification that is working to advance digital property rights and contribute to the establishment of the open metaverse. — with participation from 10T Fund, Adit Ventures, Alpha Wave Global, Black Anthem LTD, Blue Pool Capital, Boyu Capital, C Ventures, Coinbase Ventures, Com2uS, Cosmic Summit, Delta Fund, Dragonfly Capital, Ellerston Capital, Gemini, Generation Highway, GGV Capital, Gobi Partners, Hashkey Capital, Huobi Capital, Justin Sun, Kingsway Capital, Korea Investment Partners, Krypital Group, L2 Capital, LCV Capital Management, Liberty City Ventures, Metapurse, Mirae Asset Global Investments, MSA Capital, Octava, Pacific Century Group, ParaFi Capital, RIT Capital Partners, Scopely, Senator Investment Group, Sequoia Capital, SG Spring Limited Partnership Fund, Sigitech Holdings, Smile Group, SNZ Holding, Soros Fund Management, Stable Asset Management, Summer Capital, Temasek, Temasek, Tess Ventures, Token Bay Capital, True Global Ventures, Ubisoft, Wildcat Capital Management, Winklevoss Capital
• Cross River($620.00M) | Powering the future of financial services — with participation from Andreessen Horowitz(a16z), Eldridge, Hanaco Ventures, T. Rowe Price, Whale Rock

* The data presented is based on information extracted from CoinCarp Fundraising Database. Announced deals were used in the analysis. Some announced deals might not go on to complete, where deals have failed to complete and were indicated in the data as canceled or withdrawn, they were removed from our dataset. The deal count figures presented in this report refer to the number of deals announced, and whether or not a value has been disclosed for the deal.