Crypto Primary Market Financing Surges 148.9% Month-on-Month in July

July crypto primary market financing hit $2.235B, up 148.9% MoM and 90% YoY. CeFi and infrastructure led volume, with top five deals capturing 67.8% of total capital.

Woofun AI data shows that the cryptocurrency primary market recorded 46 financing events totaling approximately $2.235 billion in July 2026. This represents a month-on-month increase of about 148.9% compared to June’s $898 million and a year-on-year rise of roughly 90.0% versus July 2025’s $1.176 billion. While event count rose 4.5% from June, it fell 41.0% year-over-year, with 18 M&A events excluded from these figures.

CeFi led by value with $1.230 billion across nine deals, while infrastructure ranked first in volume with 12 events totaling $413 million. DeFi saw 11 events but only $34.25 million in disclosed funding. Crypto.com, Ionic Digital, and Securitize each secured $400 million, with the top five projects comprising 67.8% of total financing. Capital primarily flowed into trading platforms, asset tokenization, institutional infrastructure, and AI/computing projects.