TechFlow news, according to data from The Block Deals Dashboard, crypto or blockchain companies raised over $1.4 billion in March, the highest monthly total since September 2022.
John Dantoni, Director of The Block Research, said March was a landmark month, partly due to a surge in early-stage or Series A investments.
According to Dantoni's data, there were more than 20 early-stage deals this month, a significant increase compared to February, which saw nine such deals—consistent with the average monthly figure over the past year.
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