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ETH $1,998.25 -0.23%
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DOGE $0.1004 +0.71%
ADA $0.2300 -1.44%
BCH $292.73 -2.48%
LINK $9.05 -0.36%
HYPE $72.56 +3.06%
AAVE $80.31 -1.71%
SUI $0.8770 -0.46%
XLM $0.2486 -0.06%
ZEC $552.66 +0.93%

Data: The financing amount in the cryptocurrency market in July was 547 million USD, an increase of 7.8% month-on-month

2023-08-01 19:34:01
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According to ChainCatcher news, data from RootData shows that in July this year, a total of 76 projects disclosed completed financing, with a cumulative financing amount of $547 million, a month-on-month increase of 7.8% compared to June, reversing the trend of declining financing amounts since February this year. However, compared to July last year, the crypto sector raised $1.499 billion in 143 rounds of financing, with this month's financing rounds and amounts still down 47.5% and 63.5% year-on-year, respectively.

In terms of sectors, infrastructure, DeFi, and NFT sectors ranked in the top three for financing amounts. Among them, the infrastructure category had 24 projects that secured $228 million in financing in July, a month-on-month increase of 7%. The NFT sector raised $69.85 million, rebounding from $12.35 million in June. The social sector saw a significant increase in financing rounds, rising from 3 in June to 11.

The five projects with the highest financing amounts are Flashbots, Futureverse, RISC Zero, Cosmic Wire, and hi. Among them, the MEV protocol Flashbots secured $60 million in Series B financing led by Paradigm, achieving a valuation of $1 billion. The AI metaverse Futureverse completed $54 million in Series A financing.

Additionally, this month, 7 blockchain projects with AI concepts received financing, namely Futureverse, Tromero, Giza, AwesomeQA, SuperSight, Aspecta, and Web3Go.

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