Hypra Venture Fund: Ukrainian crypto companies raised $1 billion

Startups developing their products on the NEAR Protocol project managed to attract the most capital for development: a record $524 million. They are closely followed by projects using the Solana blockchain for their solutions ($315.8 million). The rest raised from $2.6 million to $58 million. Some startups failed to attract investors' money during all this time. 

Hypra analysts claim that more than 50 Ukrainian crypto companies have entered the international market with their products and services. In addition, 10 international investment companies specializing in the cryptocurrency market were founded by people from Ukraine. The leaders among national funds in terms of the number of relevant portfolios are ZBS Capital (82), TA Ventures (6), Hypra (4) and SID Fund (3).

Recently, the inter-factional association of deputies Blockchain4Ukraine and the public union "Virtual Assets of Ukraine" ("VAU") announced that they were going to legislatively promote the implementation of blockchain technologies   and Web3.

According to experts from the international audit company KPMG, in 2021 global investment in digital currencies and technologies related to them increased by 5.5 times.