October Blockchain Funding Recap

Quick Take

  • October conveyed a persistence of the investment downturn for the blockchain sector, and the $1.3 billion raised is the lowest month in funding for the industry since February 2021
  • The number of investment deals was also down roughly 22% last month, from 209 in September to 163 in October
  • $198 million was invested in the NFTs/Gaming category, the lowest amount raised over a year for the sub-sector since June 2021

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