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The blockchain/crypto sector received nearly $12.5 billion in venture funding, a sector high, and it has continued to increase for seven consecutive quarters now
The 624 funding deals that occurred last quarter are also a record for the blockchain sector, which was previously set during Q2′ 21
The NFTs/Gaming vertical made up roughly 36% of investment deals for the sector. On the contrary, DeFi’s percent of total deals has gradually declined for four consecutive quarters, and its percentage fell under 20% for the first time in at least six quarters
Q1′ 22 was the second-highest quarter in the sector’s history in M&A transactions (56) and the third-highest in M&A volumes ($907 million)
Footnotes
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