Cryptocurrency venture capital has raised a total of $2.2 billion in new funds this year

ChainCatcher news, according to PitchBook data, as of August, crypto venture capital firms have raised over $2.2 billion in new capital this year through closed-end funds. In just the past few weeks, at least six venture capital firms have collectively raised over $500 million. This includes ParaFi Capital's $120 million fund, Borderless Capital's $100 million fund, Hack VC's $77 million fund, and Robot Ventures' $75 million fund.

Additionally, several funds are actively seeking new capital this year. According to Bloomberg, Dragonfly Capital is looking to raise $500 million for its new fund and has already raised half of that amount.