Q1' 22 blockchain private funding and M&A recap

While fintech funding, in general, has reportedly faltered over the past couple of months after receiving $12.2 billion in January, according to Dealroom, the blockchain/crypto sector picked up where it left off the previous year, receiving nearly $12.5 billion in venture funding across 624 deals throughout Q1 22.

Funding in dollar terms was up roughly 20% quarter-over-quarter and it has continued to increase for seven consecutive quarters. The 624 funding deals that occurred are also a record for the blockchain sector, beating Q2' 21's record of 571 investment deals.