2024

Bitcoin

Coin

<ul class="news-points"> 
 <li>Despite a strong March, crypto fundraising dropped 23% in Q1 2024 compared to Q4 2023.</li> 
 <li>Early-stage crypto deals surged 73% in Q1, suggesting investor interest in new projects.</li> 
 <li>Eigen Labs and HashKey Group led fundraising in Q1 with $100 million each.</li> 
</ul> 
<a href="https://coinedition.com/messari-analysts-bullish-on-celestia-says-it-has-no-close-comparables/">Messari</a>, a prominent source of insight into the crypto market, has <a href="https://twitter.com/MessariCrypto/status/1776360185713308076" target="_blank" rel="nofollow">revealed</a> a 23% decrease in fundraising for crypto projects quarter-over-quarter. Messari noted that this decline is primarily attributed to an exceptional month of fundraising in Q4 last year, spearheaded by Bitcoin miners. 
Although March’s fundraising volume was remarkable, it failed to match the figures generated in November 2023. Consequently, the overall fundraising volume at the end of the first quarter of 2024 represents a 23% drop from the previous quarter. 
<img decoding="async" width="624" height="311" src="https://lh7-us.googleusercontent.com/HHuSQUdVb0sxw1C7uwt2I3bKGpXOVFmpf4zAaL4rbm1ooHvDYJNYWR1RhW3CzSUQfIchwM45RsvFt93lTHJ9SZL2LDvn9JCOLQ1tgOwteruU_n4zo_zHsixDMHpNyKOlniKFR-KhFVn4YvrAbcr7JZw">Source: Messari 
According to the chart accompanying Messari’s update, the total number of deals in March exceeded 280, with the total amount surpassing the $1.2 billion threshold. These figures significantly defeat those recorded in February and January.&nbsp; 
For instance, fundraising in February was under $750 million, though deal counts surpassed 200. In January, approximately…
The post <a href="https://coinedition.com/march-crypto-fundraising-hits-1-2b-but-q1-still-registers-23-dip/">March Crypto Fundraising Hits $1.2B, But Q1 Still Registers 23% Dip</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

March Crypto Fundraising Hits $1.2B, But Q1 Still Registers 23% Dip

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