Venture capital investments in cryptocurrency surged by 52.5% in March

Investments amounting to $1.16 billion were primarily directed towards infrastructure and DeFi projects. According to RootData, most of the funded projects are based in the USA.

📅 In March, there were 180 investment announcements — the highest monthly figure since April 2022. Among these, the majority of projects received investments ranging from $1 million to $10 million.

🇻🇨 An example of significant investment was Ethereum Layer-2 Blockchain Optimism, which raised $89 million through a private token sale. It was followed by cryptographic startup Zama with a Series A round of $73 million.

Author's comment:

In this market phase, I'm acting similarly and investing more in venture projects. They carry a heightened risk but also a high earning potential. Mainly, this involves anything related to retrodrops and early-stage project entries.