Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
Home»ADOPTION NEWS»Cryptocurrency investment reaches 18-month high due to increase in early-stage transactions
ADOPTION NEWS

Cryptocurrency investment reaches 18-month high due to increase in early-stage transactions

By Crypto FlexsMarch 30, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Cryptocurrency investment reaches 18-month high due to increase in early-stage transactions
Share
Facebook Twitter LinkedIn Pinterest Email

Funding for cryptocurrency companies hit an 18-month high in March, thanks to a surge in early-stage investment in blockchain-related ventures.

According to The Block Deals Dashboard, new funding for cryptocurrency companies totaled more than $1.4 billion. This makes March the best month since September 2022, when the sector raised more than $2 billion.

March was a landmark month because of the surge in early-stage, or Series A, investments, according to John Dantoni, director of The Block Research. There were more than 20 early-stage investments during the month, a significant increase from February, when there were nine, and in line with the monthly average over the past year, according to Dantoni.

Increased funding for the sector has coincided with rising prices. Bitcoin, which began to rise steeply in early February, surpassed $70,000 for the first time this month.

“Despite the optimistic price performance of digital assets, some have wondered why we haven’t seen a similar resurgence in venture funding. This question is valid, but it stems from a misunderstanding about the timing of deal announcements,” Dantoni said. “In reality, most deals do not become public immediately after they occur, creating a natural lag between deal activity and price performance. Venture deals are often finalized for one to two months, sometimes more, before they are officially announced.”

‘More money on the table’

David Garcia, co-founder and managing partner of Borderless Capital, offered a relatively simple assessment of the reasons for the recent increase in new transactions. “There’s more money on the table,” he said. This week, Borderless Capital announced that it had co-led a $15 million investment in DePIN layer 1 blockchain project peaq.

Dantoni said this month’s increase outweighs the high numbers. “March is the most reliable measure of the vitality of VC activity in the market,” he said. “Notably, deal activity continued to increase for the third consecutive month, with venture funding surging approximately 64% month-on-month.”

March’s token sale helped bring in the largest amount of the month. Monad Labs and Optimism, both classified as “infrastructure” deals, raised $213 million and $89 million, respectively, through token deals, according to The Block Deals Dashboard.

The total dollar amount invested in cryptocurrency and blockchain-related companies surpassed $90 billion last month, marking an important milestone. Block Research has been tracking cryptocurrency investments since 2017.

More funding could flow into cryptocurrency projects via venture capitalists in the coming months. For example, on Thursday it was revealed that Marc Andreessen, Accolade Partners and Galaxy Digital had invested in cryptocurrency VC firm 1kx’s latest fund, raising $75 million. 1kx focuses on consumer-facing cryptocurrency applications and has made just under six investments through its latest fund, including Kiln, Pudgy Penguins, Rarible, and The Sandbox.


Disclaimer: The Block is an independent media outlet delivering news, research and data. As of November 2023, Foresight Ventures is a majority investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, impactful and timely information about the cryptocurrency industry. Below are our current financial disclosures.

© 2023 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be used as legal, tax, investment, financial or other advice.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

TRX Price Prediction: TRON targets $0.35-$0.62 despite the current oversold situation.

October 26, 2025

BTC RSI hits April low as Coinbase premium turns red.

October 18, 2025

Crypto Exchange Rollish is expanded to 20 by NY approved.

October 2, 2025
Add A Comment

Comments are closed.

Recent Posts

Jiuzi Holdings Launches $1 Billion Bitcoin Treasury With SOLV To Drive Institutional Yields And RWA Innovation

October 30, 2025

Hetu 3.0 – Deep Intelligence Money

October 30, 2025

Doodles has joined Universal Monsters and dropped a TON of NFT stickers.

October 30, 2025

Ethereum whales doubled down on ETH as the $5,000 price target moves higher.

October 30, 2025

SOL remains fixed below $200 despite surge in ETF trading volume

October 30, 2025

Bybit’s BbSOL Gains Institutional Custody Support From Anchorage Digital, Reinforcing Its Institutional-Grade Standing

October 30, 2025

OKX Ventures Invests in Accountability for Enhanced Financial Verification

October 30, 2025

Injective (INJ) Completes First Community Buyback Worth $32 Million

October 29, 2025

Whale.io Confirms First Airdrop For Crock Dentist NFT Holders

October 29, 2025

BTC And XRP Prices Fluctuate Dramatically. WOAHash Helps Holders Earn $9,900 In Daily Returns.

October 29, 2025

Acre Launches V2 Platform, Enabling Bitcoin Holders To Earn 14% APY (est.) From Self-Custody

October 29, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Jiuzi Holdings Launches $1 Billion Bitcoin Treasury With SOLV To Drive Institutional Yields And RWA Innovation

October 30, 2025

Hetu 3.0 – Deep Intelligence Money

October 30, 2025

Doodles has joined Universal Monsters and dropped a TON of NFT stickers.

October 30, 2025
Most Popular

Is Chuan Pu the next 10X Meme Coin? Can it reach a market capitalization of $100 million?

June 19, 2024

Bybit’s PayPal PYUSD and Solana integration represents a key step toward blockchain interoperability.

August 20, 2024

Central Bank of Cambodia promotes use of riel through Bakong digital currency system

May 28, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.