Web3 dominates venture capital interest in blockchain industry in Q2 2022

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Can the numbers lie? Cointelegraph Research analyzes all the deals and trends from venture capital in the blockchain industry during Q2 2022, and things aren't exactly as they appear.

that contains comprehensive details on deals, mergers and acquisition activity, investors, crypto companies, funds and more. Using this database, Cointelegraph Research analyzes the numbers to find the important trends in the industry. The report is just an overview of the highlights of the last quarter — not everything can fit into the 12-page quarterly report.The total dollar value of individual deals in the blockchain industry remained flat at $14.67 billion for Q2, just barely over Q1’s $14.

The number of individual deals in the blockchain industry was over 620, up a hundred more than the previous quarter. But, the average value of each deal decreased by over 16% to $26.8 million, perhaps indicating more risk-averse behavior on the part of VC and investment firms. So, while the data shows signs of a slow down in investment inflows in the crypto space, the interest to help build the next generation of blockchain and crypto products appears to still be strong.

Mergers & acquisitions can provide great strategic opportunities for companies, especially in times of turmoil. Animoca Brands seems to take these strategic opportunities seriously, acquiring three companies in the GameFi space and others in education and marketing.

 

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