Crypto venture capital funding hits $1B for second straight month

It is the first time since late 2022 where the industry has recorded two consecutive funding months above $1 billion.

Crypto venture capital funding has topped $1 billion for the second consecutive month this year.

April’s $1.02 billion in funding came across 161 investment rounds in April, marking a minor fall from the $1.09 billion recorded from 186 rounds in March, according to RootData.

However, it is the first time since October-November 2022 where the industry has recorded two straight funding months above $1 billion.

Read more