Financing status of Social Token sector
It has continued to slump since the cold spell at the end of 2021, gradually fading out of the sight of investors and institutions. In 2022, only 4 financings occurred in this segment, totaling US$42.84 million, which was a significant decrease from 2021’s US$61.15 million. Among them, 2 financings occurred in the first quarter, totaling US$15.339 million, 2 financings occurred in the second quarter, totaling US$27.5 million, and no financing occurred in the third and fourth quarters.