A record number of investments were made last quarter in 2021. These are good times for the crypto market, and this is also reflected in the funding of crypto companies. Blockchain companies raised over $6.5 billion in 345 investment rounds between July and September 2021, which is a record.
One of the largest investors was Genesis Digital Assets. This is an American bitcoin mining company that has completed a funding round of USD 431 million.
For Genesis Digital, this was the second investment round in the third quarter. In July, the company raised $125 million from British investment firm Kingsway Capital.