January Blockchain Funding Recap

Last month, nearly $631 million in venture capital was allocated across 125 blockchain-related funding deals. Funding in dollar terms has now declined for two consecutive months, the lowest amount allocated to the sector since January 2021 ($348 million). 

As we highlighted in our Q4 summary, a reduction in funding figures into the new year was a likely scenario as there had been no signs of a reversal for the depressed funding markets.