Crypto funding falls 30% in August despite strong quarterly performance

Crypto protocols raised $1.9 billion in August, down 30% from July’s $2.67 billion, according to DefiLlama data. Despite the monthly drop, August numbers for raises from venture capital funds align with the numbers recorded in July, with $600 million captured from PUMP’s public sale last month. DeFi protocols dominated August funding with multiple major raises, The post Crypto funding falls 30% in August despite strong quarterly performance appeared first on CryptoSlate.