Q1’24 & March Blockchain Venture Funding/M&A Recap

In the last quarter, blockchain-related companies received a total investment of $3.1 billion across 581 funding deals. This marks the second consecutive quarter of growth in venture funding, with a 17% increase quarter-over-quarter. The blockchain industry is experiencing a notable resurgence, marked by two consecutive quarters of increasing venture funding. 

The investment landscape hasn’t seen consecutive quarterly increases since the height of its last bull market, spanning from Q3'21 to Q1'22, where it reached a height of $13.5 billion in a single quarter.