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

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)