<p>Just over 1,700 venture capital deals focused on the crypto space occurred in 2021, netting these startups, projects and protocols some $25.1 billion in financing.</p> <p>Compared to 2020, the new figures represent a 126% increase year-over-year in the number of deals and a 719% increase year-over-year in total funding. These findings were included in The Block Research’s 2022 Digital Asset Outlook Report.</p> <p><img class="wp-image-128398 size-full alignnone" src="https://www.tbstat.com/wp/uploads/2021/12/FGvJQ3_VkAQat8E.jpg" alt="" width="2000" height="887" /></p> <p>As The Block has reported in its funding deal coverage, numerous crypto companies achieved so-called unicorn status – that is, scoring valuations above $1 billion.</p> <p>Per The Block Research’s findings, at least 65 companies achieved this distinction during 2021. On a two-year horizon, that represents a 491% increase.</p> <p>Recent unicorn-status funding rounds include FTX, Alchemy, TaxBit and Dune Analytics. Other well-known companies, including Binance and its US-based offshoot, are also said to be raising at multi-billion-dollar valuations.</p> <p><em>Read the full 2022 Digital Asset Outlook Report <a href="https://www.tbstat.com/wp/uploads/2021/12/The-Block-Research-2022-Digital-Asset-Outlook.v2.pdf"><span style="font-weight: 400;">here</span></a>.</em></p>