BREAKDOWN: ‘Every Company Will Be a Crypto Company’; A Venture Funding Outlook for 2022
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 15 January 2022
⏱️ 13 minutes
🧾️ Download transcript
Summary
Startups raised $1.5 billion and funds raised $2 billion in just the last week.
This episode is sponsored by Nexo, Abra and FTX US.
In today’s “Weekly Recap,” NLW looks at a slew of funding rounds announced this week, including:
- Near Protocol, $150 million
- ZeroHash, $105 million
- Checkout.com, $1 billion
- SEBA, $119 million
- DeFi Alliance (now Alliance DAO), $50 million
- FTX Ventures, $2 billion
-
Nexo is a powerful, all-in-one crypto platform where you can securely store your crypto. Invest, borrow, exchange and earn up to 17% APR on Bitcoin and 20+ other top coins. Insured for $375M. Audited in real-time by Armanino. Rated excellent on Trustpilot. Get started today at nexo.io.
-
Abra is proud to sponsor The Breakdown. Join 1M+ users and Conquer Crypto with Abra, a simple and secure app where you can trade 110+ cryptocurrencies, get 0% interest loans using crypto as collateral, and earn interest with up to 14% APY on stablecoins and 8.15% APY on Bitcoin. Visit Abra.com to get started.
-
FTX US is the safe, regulated way to buy Bitcoin, ETH, SOL and other digital assets. Trade crypto with up to 85% lower fees than top competitors and trade ETH and SOL NFTs with no gas fees and subsidized gas on withdrawals. Sign up at FTX.US today.
-
“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor is “Time” by OBOY. Image credit: Overearth/iStock/Getty Images Plus, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Welcome back to The Breakdown with me, NLW. |
| 0:08.9 | It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world. |
| 0:14.9 | The breakdown is sponsored by nexo.io, Abra, and FtX, and produced and distributed by CoinDesk. |
| 0:22.7 | What's going on, guys? It is Saturday, January 15th, and that means it's time for the weekly |
| 0:28.7 | recap. Now, every week I always tell you, the weekly recap is one of two things. Either it is a |
| 0:34.4 | topic that I didn't have a chance to get to in the week, or it's a true recap |
| 0:37.7 | of a bunch of different news. Interestingly enough, this week is sort of both. I'm going to be |
| 0:42.2 | looking at a bunch of different venture fundraising news from the crypto industry for 2022, |
| 0:48.4 | but we'll also tie it together with sort of a big picture theme. Before that, however, if you |
| 0:53.1 | are enjoying the breakdown, please go subscribe |
| 0:55.5 | it, rate it, give it a review, and if you want to get into the conversation on a deeper level, |
| 1:00.5 | join the Breakers Discord. It's at bit.ly slash breakdown pod or there's a link in the bio. |
| 1:08.4 | Lastly, a disclosure as always, in addition to them being a sponsor, I also |
| 1:11.9 | work with FTX. Today, we are talking about funding. There were a ton of monster financing this |
| 1:19.4 | week, more than $1.5 billion going into startups and another $2 billion going into venture |
| 1:25.2 | funds, and I want to go through and share some of those details, as well as give a little bit of context first. Venture funding into the crypto sector in |
| 1:33.6 | 2021 absolutely exploded. In 2020, there were about $3.1 billion invested into crypto and |
| 1:41.1 | Web 3 startups. In 2021, that number jumped to 29.1 billion, more than 800% |
| 1:47.7 | growth. Dove Metrics just put out a great report on venture capital in 2021 in the crypto sector, |
| 1:54.9 | and this is what they gave as a summary. 2021 was a year of extremes. Every metric around fundraising grew dramatically, round |
| 2:02.8 | sizes increased more than 50% between the first half of the year and the second half of the |
| 2:07.2 | year. 2022 is likely to be more of the same. Dedicated crypto funds hold in nearly $20 billion |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from CoinDesk, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of CoinDesk and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.