According to BlockBeats, data from The Block Deals Dashboard showed that total financing for cryptocurrency or blockchain companies exceeded $1.4 billion in March, the highest monthly level since September 2022. The main driving force for the increase in financing volume in March was the significant increase in early-stage investment cases, including more than 20 Series A financing cases. John Dantoni, director of research at The Block, pointed out that March’s landmark performance was partly due to the surge in early-stage (Series A) investment, with more than 20 early-stage investment cases in the month, much higher than the nine cases in February.
