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Benzinga
Benzinga
Business
AJ Fabino

2 Crypto Companies Are Spending Massive Amounts On Sports Sponsorships: 6 Of The Biggest Deals

Venture capitalists spent a record $33 billion on crypto and blockchain startups in 2021, more than all prior years combined, according to data by Galaxy Digital Research.

$22 billion of the total went to fundraising rounds with deal sizes above $100 million. Crypto and blockchain startups received almost 5% of the venture capital deployed in 2021.

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