Crypto Fundraising Surges to $3.48B in a Week Despite Historic Market Meltdown
According to , crypto fundraising hit a record $3.48 billion during the week of October 6–12. Ironically, the week was when the crypto market endured one of the most damning dips, with $19 billion liquidated from investors. Still more investors are opening their checkbooks, and the new fundraising record cuts across 27 projects and companies.
That figure is even more remarkable considering that just a few days later, the market saw a heavy liquidation event. Yet, venture capital, institutional backing, and beginup capital continue to pour into the space, showing persistence of conviction even amid turbulence.
New Crypto Fundraising Rounds Led by Pantera, Hack VC & More
The $3.48B raise is a fresh weekly record for crypto fundraising, surpassing the of $3.16 billion. Of the 27 rounds recorded, Pantera Capital notably participated in four rounds, two of which they led. Hack VC also led two rounds during the identical period.
Sector-wise, blockchain services projects dominated the funding, with infrastructure, decentralized finance (DeFi), gaming, and social ventures also capturing capital. The distribution suggests that investors are favoring underlying infrastructure and protocols that enable broad utility over speculative play.
Interestingly, this wave of capital came just as BTC surged to a new all-time high price of around $126,000 on October 6, then gave way to a sudden trade-off later than on China. The sharp correction is a reminder of how rapidly market sentiment can change in crypto, but the fundraising numbers show that many backers are taking the long-term bet.
Some of the factors driving the surge in institutional investor confidence include the market’s optimistic long-term outlook, the recent crash providing the opportunity to purchase the dip, and investment diversification among (TradFi) and crypto companies.
Analysts Anticipate More Crypto Fundraising Waves
The latest crypto fundraising wave didn’t happen by chance. It’s a strategic plan that shows a shift in how crypto capital markets operate. If these projects deliver on their promises to build scalable networks, solid DeFi rails, strong AI/blockchain bridges, and (RWAs), then this $3.48B week could be the tip of the iceberg.
More investors will anticipate the next phase of growth and back projects not only because of their speculative cycles, but also due to their foundational values. For observers, retail investors and participants, the message is that even in chaos, capital keeps flowing. And if this pattern continues, the next crypto bull run could be triggered by a combination of bullish market momentum, strengthened infrastructure, institutional conviction, and diversified institutional portfolios.
