DeFi projects records $2.7 billion in fundraising amid 2022 bear market

DeFi projects records $2.7 billion in fundraising amid 2022 bear market

Despite the bear market, the decentralized finance (DeFi) ecosystem enjoyed a flourishing fundraising season in 2022.

A CoinGecko report revealed that the ecosystem saw $2.71 billion in funding from institutional investors last year, representing a 190% increase.

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