Data: In Q1 2023, the financing scale of the cryptocurrency industry reached 2.3 billion USD, the lowest level since Q4 2020

2023-04-12 16:30:30

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According to ChainCatcher news, data from RootData shows that from January to March 2023, the crypto industry disclosed a total of 309 project financing events, with a total financing amount reaching 2.317 billion USD, significantly lower than the 12.48 billion USD in the same period of 2022, a year-on-year decrease of about 81%. Compared to the 3.463 billion USD in the fourth quarter of 2022, there is also a noticeable decline, with a quarter-on-quarter decrease of 33%.

Among them, the infrastructure sector had the highest number and amount of financing among the nine major sectors, with an average single financing amount exceeding 10 million USD; the DeFi sector ranked second in the number of financing events and fourth in financing amount; the gaming and social entertainment sectors ranked third and fourth in terms of the number of financing events. (Source link)

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