CeFi led monthly funding with $1.23 billion across nine deals, while infrastructure raised $413 million and DeFi drew $34.25 million, RootData data showed.
Crypto fundraising climbed to $2.235 billion in July from $889 million in June, marking a 148.9% month-on-month increase, according to RootData. The month produced 46 funding deals in total, with CeFi (centralized finance services) attracting the largest share of capital at $1.23 billion across nine deals. Infrastructure followed with 12 deals worth $413 million, while DeFi (decentralized finance) recorded 11 deals but raised a comparatively modest $34.25 million. The breakdown suggests investors concentrated capital in more centralized business models and core industry plumbing, even as decentralized applications continued to generate deal activity.