According to BlockBeats, the total financing for cryptocurrency or blockchain companies in March exceeded $1.4 billion, reaching the highest monthly level since September 2022. The significant increase in early-stage investment cases was the main driving force behind the growth in financing volume in March, with over 20 Series A financing cases.
John Dantoni, Research Director at The Block, pointed out that the remarkable performance in March was partly due to the surge in early-stage (Series A round) investments. The number of early-stage investment cases in March exceeded 20, far higher than the 9 cases in February.