<p><span style="font-weight: 400;">During the third quarter of 2020, $897.7 million in venture funds were allocated across 212 crypto and blockchain startups, according to <a href="https://www.theblockresearch.com/q320s-blockchain-crypto-venture-investments-80099">data</a> compiled The Block Research.</span></p> <p><img class="alignnone wp-image-81493 size-full" src="https://www.tbstat.com/wp/uploads/2020/10/q3-summary.png" alt="" width="1692" height="1034" /></p> <p><span style="font-weight: 400;">Early-stage and seed deals were the most common deal types, according to The Block Research’s John Dantoni. Such deals represented half of the quarter’s total, with 59 deals for early-stage and 60 for seed deals.</span></p> <p><span style="font-weight: 400;">The average deal size for early-stage startups was $7 million. These early-stage deals aggregated about $272 million, or about 30% of the investment total for the quarter. </span><span style="font-weight: 400;">Seed deals averaged $2.1 million and accounted for about 12% of investments for the quarter. </span></p> <p><span style="font-weight: 400;">To read more of the Q3 summary, subscribe to </span><a href="https://www.theblockcrypto.com/genesis"><span style="font-weight: 400;">The Block Research</span></a><span style="font-weight: 400;">. </span></p>