News > India bags $638 million in cryptocurrency, blockchain funding in 2021 

India bags $638 million in cryptocurrency, blockchain funding in 2021 

Economic Times | 01/01/2022 09:20 AM | Click to read full article

India attracted crypto funding and blockchain investments worth $638 million across 48 rounds in 2021, according to data by industry tracker Tracxn that was shared with ET.

Globally, funding for crypto and blockchain investments stood at $24.86 billion across 930 funding rounds. Crypto and blockchain startups in the country have seen unprecedented investor capital inflow from international ventures amid a booming developer ecosystem.