On October 29, the official Coinbase blog released the third quarter summary report. The article showed that in the third quarter, Ventures made a record 49 investments, with an average of one new transaction every 1.8 days.
This is an increase from 28 investments in the second quarter and 24 investments in the first quarter. As of the third quarter of 2021, Ventures has more than 200 companies and projects in its portfolio.
Among the six investment categories of Coinbase Ventures, protocol + Web3 infrastructure (29%) accounted for the largest proportion, followed by DeFi (24%) and CeFi (18%), platform + development tools (15%), NFT + meta universe (9 %) and others (5%).
At the same time, Coinbase Ventures also shared observations on supervision, multi-chain ecology, Web3 user experience, and NFT and chain games.