According to ChainCatcher, statistics from the Web3 asset data platform RootData show that the total financing amount in the cryptocurrency market reached $10.112 billion in 2024, an 8.3% increase compared to $9.337 billion in 2023. A total of 1,548 financing events occurred throughout the year, with 102 mergers and acquisitions, an increase of 34.2% compared to 76 in 2023, setting a historical record. The average financing amount was $9.1352 million, and the median financing amount was $4.1 million. In terms of financing scale, projects in the $1-3 million range were the most numerous, totaling 408, followed by 244 in the $5-10 million range and 219 in the $3-5 million range; in terms of financing rounds, seed rounds dominated with 426.
From the perspective of sector distribution, the infrastructure sector is the most favored by capital, with a total financing amount of $3.995 billion in 2024, an 18.2% increase compared to $3.379 billion in 2023; the DeFi sector ranks second with $1.493 billion, nearly doubling compared to $759 million in 2023; the gaming sector's financing rose from $669 million in 2023 to $813 million. Notably, the CeFi sector's financing amount decreased from $990 million in 2023 to $679 million in 2024. The largest financing event of the year was Stripe's $1.1 billion acquisition of the stablecoin platform Bridge, followed by Bitcoin mining company Iris Energy's $413 million financing, and Avalanche's $250 million OTC financing.
In terms of investment institution activity, Animoca Brands ranks first with 95 investments, followed closely by OKX Ventures with 72 and MH Ventures with 56. In terms of leading investments, Polychain was the most active, completing 30 leading investments throughout the year, followed by Hack VC with 24, and both Lemniscap and Animoca Brands each completed 17 leading investments, ranking third.