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.
Venture funding decreased roughly 35% Q/Q to approximately $6.2 billion. Funding in dollar amount has now declined for two consecutive quarters
Later-Stage deals were down roughly 92% Q/Q from 13 to just one last quarter and Mid-Stage deals fell approximately 63% from 30 deals in Q2 to just 11 last quarter
The amount of M&A transactions for NFTs/Gaming has increased for three consecutive quarters, and more than half (51%) of its total M&A deals have occurred during this period
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.