Global VC Funding for Blockchain Firms Surged to Record $25B in 2021: CB Insights

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Global VC Funding for Blockchain Firms Surged to Record B in 2021: CB Insights
Venture capital funding for blockchain startups reached $25.2 billion last year, up 713% from $3.1 billion in 2020, according to CB Insights’ “2021 State of Blockchain” report.In the fourth quarter of 2021, global funding rose to over $9 billion, up from over $7 billion in the prior quarter, the market intelligence firm added.Funding for blockchain start-ups accounted for 4% of global venture dollars, up from 1% in 2020. CB Insights sees this percentage rising further in 2022 given the growth in crypto, NFT and Web 3 startups.Venture funding for NFT firms jumped to $4.8 billion in 2021, up from just…