<p><span style="font-weight: 400;">There were twice as many crypto venture capital deals larger than $50 million in the first quarter of 2021 than there were in all of 2020, according to The Block Research. </span></p> <p><img class="alignnone wp-image-101284 size-full" src="https://www.tbstat.com/wp/uploads/2021/04/Screen-Shot-2021-04-09-at-3.34.04-PM.png" alt="" width="2778" height="1536" /></p> <p><span style="font-weight: 400;">Last year there were four crypto venture capital deals worth more than $100 million, and three deals worth between $50 million and $100 million.</span></p> <p><span style="font-weight: 400;">In Q1 of this year, there were seven deals of $100 million or more: BlockFi, NYDIG, Dapper Labs, FireBlocks, Blockchain.com (twice). Seven more were worth $50 million to $100 million.</span></p> <p><span style="font-weight: 400;">These large-scale deals were enough to push the average deal size from $5.7 million in 2020 to $12.7 million in the first few months of 2021. </span></p> <p><span style="font-weight: 400;">To get more of an overview private funding of crypto and blockchain projects in Q1 ‘21, check out </span><a href="https://www.theblockresearch.com/overview-of-q1-21-private-funding-of-crypto-companies-100474"><span style="font-weight: 400;">The Block Research</span></a><span style="font-weight: 400;">. </span></p>