Crypto protocols raised $ 1.9 billion in August, by 30% compared to the $ 2.67 billion of July, according to Defillama facts.
Despite the monthly decrease, numbers from Augustus for elevations of venture capital funds correspond to the numbers registered in July, with $ 600 million laid down from Pump’s Public Sale last month.
Defi protocols dominated August financing with several major elevations, including Portal’s $ 50 million round, M0s $ 40 million Series B and Apriori’s $ 20 million strategic investment.
The sector consistently attracted institutional capital in infrastructure and trading platforms.
Moreover, the third quarter surpassed the totals of $ 4.54 billion of the second quarter by $ 4.57 billion in just two months.
AI and infrastructure growth
AI protocols provided substantial financing, with Everlyn $ 15 million rising and several AI-oriented projects that complete seed rounds.
The convergence of crypto and AI continues to attract venture interest as protocols develop computer and data solutions. Cyber security emerged as a different important category, with Ivix completing a series B of $ 60 million, the largest traditional venture round of the month.
Stablecoin infrastructure also attracted capital, with rain that secured $ 58 million in series B financing.
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Payment infrastructure attracted different financing. Orangex completed a series B of $ 20 million and several smaller rounds to support cross -border and trading solutions. The category benefits from increasing the acceptance of crypto in commercial applications.
Gaming protocols also received some attention, such as catching up of $ 7 million and continuous development financing in several projects.
The sector benefits from an increased acceptance of blockchain-based gaming mechanics and token economies.
Public Token Sales loses ground
Without a controversial token sale, such as Pump.Fun’s, the sale of public token represented only $ 30.7 million in seven projects, including the $ 6.75 million from Lombard and the double increases of Almanak of a total of almost $ 11 million.
Public Token Sales offers direct participation of the community, while the dependence on institutional risk capital is reduced.
Layer-2 Solutions caused strategic investments with Bitlayer that yielded $ 5 million through public token sale and Hemi Labs that complete a $ 15 million growth round.
The performance of the third quarter shows persistent institutional interest despite monthly fluctuations.
