According to Cointelegraph, the total financing amount exceeded US$1 billion in April. This is the second consecutive month that the financing amount has exceeded the US$1 billion mark, setting a new monthly financing total record in the past 6 months.

As of May 27, total funding for the month was $650 million, with 98 funding rounds. Infrastructure remained the most popular category during this period, attracting about $185 million in investment. It was followed by SocialFi, with $176 million in investment. DeFi and CeFi raised $127 million and $106 million, respectively. SocialFi's unusually high numbers stem from a single deal, Farcaster's $150 million Series A.