POPA ReconTop Categories by Raised Amount in Summer
Top Categories by Raised Amount in Summer Roughly $2.86B across seven categories this summer, and the split says a lot about where builders think the next users come from: • Exchanges - $700M • Payments - $537M • Blockchains - $468M • Mining & Compute - $433M • DeFi - $309M • AI - $262M • Brokerage - $150M Exchanges, payments and brokerage together take $1.39B - nearly half of everything raised. That's not protocol money, it's distribution money: the venues where people actually buy, hold and move funds. Investors are funding the front door rather than the machinery behind it. DeFi at $309…
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