March 7, 2023, 1:33PM EST
• 8 min read

February Blockchain Funding Recap

Quick Take

  • Last month, nearly $1.2 billion in venture capital was allocated across 150 blockchain-related funding deals
  • Blockchain investment in February grew approximately 85% M/M in dollar terms and deals have increased for two consecutive months
  • Q1’23 quarter is on pace for the lowest amount of blockchain funding since Q4’20, however multiple indicators suggest that funding figures will be slightly higher than annualized projections

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