ANNOUNCEMENT! We're excited to share that The Block Pro, a portfolio of research, news and data products in one easy-to-use platform, launches later this month. Reach out to your account manager for more information about products and subscription options.
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
Footnotes
Join The Block Research for exclusive research like this
Gain access to this research piece and 100s of others, including ecosystem maps, company profiles, and topics spanning DeFi, CBDCs, banking and markets. Together with additional services, we help organizations understand what’s happening in the rapidly developing digital asset ecosystem.
