In July, a total of 162 crypto projects raised $878.00 million in funding, with the most attention on infrastructure, blockchain services, and the DeFi sector.

According to Coin98 Analytics, a total of 162 projects in the cryptocurrency field raised a total of 8.78 billion US dollars in July, focusing on tracks including infrastructure, blockchain services, and DeFi. Among them, 44 projects raised a seed round funding of 299 million US dollars, similar to undisclosed rounds in terms of project quantity. Infrastructure seems to be the most popular investment track, with the highest funding amount (339 million US dollars) and a total of 46 projects, with mining, Layer 2, and social network projects leading in funding. In addition, blockchain services had the second-highest funding amount in July, with a total funding of 131 million US dollars from AI and data/cloud service projects (from 6 projects); $DeFi funding ranked third, including sub-tracks such as lending, yield, liquidity mining, and RWA. Animoca Brands and OKX Ventures were the two most active investors last month (with a total of 83 investments), participating in 19 and 13 investments respectively.