Per Cointelegraph
Blockchain Venture Capital Inflows Dropped by 48.6% in One Month
11/24/2022
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Blockchain VC inflow continues to decline, dropping from $1.64 billion in September to $843.5 million in October.
The 48.6% decline is spread throughout deals, mergers and acquisitions, investors, crypto communities, funds, and more.
From 93 deals in September, only 69 deals happened in October. Web3 remained the most attractive interest for investors in October at 42%.
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Here is the breakdown of investor interest in October:
- 42% Web3 - 29 deals worth $354.6 million
- 21.7% Infrastructure - 15 deals worth $148.45 million
- 14.6% DeFi - 10 deals worth $242.2 million
- 13% NFT - 9 deals worth $62.7 million
- 8.7% CeFi - 6 deals worth $35.5 million
