What are the Altcoin and Cryptocurrency Projects with the Most Investments in 2022?

2022 has been a tough year for the crypto industry after a hot start, and the collapse of Terra in May triggered what analysts are calling the new Crypto Winter.

What about the highest corporate investment in 2022? cryptocurrency and which altcoin projects?

Yuga Labs: $450 million

The company behind the popular NFT collection Bored Ape Yacht Club announced in March a $450 million round led by Andreessen Horowitz. While this round has valuated the company at $4 billion, the NFT market has been stagnant ever since.

ConsenSys: $450 million

Led by Ethereum co-founder Joe Lubin, ConsenSys develops software focused on the Ethereum ecosystem, including the DeFi wallet MetaMask, which has more than 30 million monthly active users. In March, ConsenSys announced the $450 million Series D led by ParaFi Capital, valuing the company at $7 billion.

Polygon: $450 million

Polygon (MATIC), to help scale the ecosystem for applications ranging from games to DeFi Ethereum It is a Layer-2 blockchain platform built on In February, the company announced that it had raised $450 million in financing led by Sequoia Capital, with the participation of Tiger Global and SoftBank.

Circle: $400 million

circle, Tether’s second largest stablecoin after of USDC in the position of the issuer. In April, it announced a $400 million funding round with investments from traditional finance companies like BlackRock and Fidelity.

FTX US: $400 million

FTX US, the US branch of the FTX exchange, had a $ 400 million Series A round with a valuation of $ 8 billion in January. The company is currently in a state of bankruptcy along with parent company FTX.

Animoca Brands: $358.8 million

The Hong Kong-based software and venture firm held a $358.8 million Series A round with a $5 billion valuation led by Liberty City Ventures in January, at a time when the crypto market is still on the rise.

NEAR Protocol: $350 million

NEAR, It is a blockchain that positions itself as a competitor to Ethereum and provides a platform for developers developing decentralized applications.

Amber Group: $300 million

Amber Group, a crypto trading firm, raised $300 million in a Series C investment round led by Fenbushi Capital US in December, with the only round in the fourth quarter on this list.

Mysten Labs: $300 million

Mysten Labs completed a $300 million Series B led by FTX Ventures in September, valuing the company at $2 billion. Mysten is the developer of Sui, an unreleased Layer-1 proof-of-stake blockchain led by a former Meta employee.

Also, one of the biggest financings of this year, crypto custody platform Fireblocks has completed a $550 million Series E financing led by D1 Capital Partners and Spark Capital.

*Not investment advice.