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.
Q1′ 21 was a historical quarter in venture funding for the crypto/blockchain sector with roughly $3.18 billion allocated to crypto/blockchain projects
The first quarter had more private investment in dollar volume than all of 2020 combined
Five deals this quarter qualified as one of the fifteenth largest crypto/blockchain funding deals of all time, all occurring in March.
Decentralized Finance (DeFi) continues to be a popular vertical amongst investors, roughly 26% of the private investment rounds that occurred this quarter were DeFi-related projects.
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.