CeFi Funds Dominate Crypto Fundraising Surge to $2.2B in July

Crypto fundraising surged to $2.235 billion in July, according to RootData's data analytics platform. This marks a significant increase of 148.9% from June's $889 million, signaling renewed investor appetite despite ongoing market volatility.

Centralized finance (CeFi) emerged as the top sector, attracting $1.23 billion across nine deals, representing more than half of all funds raised during the month. This trend highlights continued investor confidence in regulated, institutional-grade platforms.

CeFi's infrastructure and lending projects aim to bridge traditional finance with digital assets, underscoring sustained interest in blockchain scalability, interoperability, and developer tooling. These projects are critical for supporting the next wave of decentralized applications and institutional adoption.