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Institutional crypto custodians raised more than $3 billion in 2021

Crypto custodial firms focused on the institutional market experienced a significant upswing in funding in 2021, according to The Block Research. Such firms have raised more than $3 billion this year. As noted in The Block Research’s 2022 Digital Asset Outlook Report, the rate of investments was more than three times higher than 2020.    With yesterday’s announcement of @NYDIG_BTC ‘s $1B raise and today’s announcement of @Anchorage ‘s $350M raise, total investments into institutional focused custody firms in 2021 …