Total Financing of Cryptocurrency and Blockchain Companies Exceeded $1.4 Billion in March

Total funding for cryptocurrency or blockchain companies in March exceeded $1.4 billion, the highest monthly level since September 2022, according to BlockBeats. The significant increase in early-stage investment cases was the main driver behind the growth in financing volumes in March. With over 20 Series A financing cases.

The Block Research Director John Dantoni pointed out that the remarkable performance in March was partly due to the increase in early stage (Series A round) investments. The number of early-stage investment cases exceeded 20 in March, much higher than the 9 cases in February.