According to RootData's 2023 Web3 Research Report, the total financing amount of the Web3 industry in 2023 reached US$9.043 billion, showing strong growth. Bitcoin achieved an annual growth rate of 160%, and spot ETFs became a new funding channel. Capital tends to corporate infrastructure and wallets, and competition in the DeFi field is fierce. CeFi's total financing fell by 75.5%, but the Bitcoin ecosystem attracted capital. The number of developers increased by 66%, with Ethereum leading. Investment institutions generally had difficulty in financing, and the frequency of investment decreased during the year. A few institutions increased their investment activity.
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Report: The total funding amount of Web3 industry will reach 9.043 billion US dollars in 2023, and capital prefers infrastructure and wallets
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