Crypto & Blockchain Funding Report 2023 : Investment in Web3 World

Coinpedia
2 min readDec 28, 2023

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Greetings Crypto & Blockchain Enthusiasts,

As 2023 unfolds, the ever-changing realm of Web3, blockchain, and crypto funding continues to transform. This article summarizes our detailed research to give you a quick and clear look at the important trends and changes shaping the industry.

Exploring the Funding Landscape for VC-Backed Web3 Startups

Key Trend: Following a peak in Q1 2022, the market is undergoing maturation, witnessing a decrease in funding while maintaining a robust deal flow.

Highlights:
⚫From Q2 2021 to Q2 2023, investments dwindled from $5.8 billion to $1.8 billion.
⚫Despite reduced funding, the dynamic number of deals indicates a vibrant and diverse market.

Evolution in the Crypto Hedge Fund Sphere

⚫Changing Trends: The percentage of hedge funds investing in crypto has decreased from 37% in 2022 to 29% in 2023.

Investment Patterns:
⚫Adopting a cautious stance, 24% of hedge funds allocate less than 1% of their AUM to crypto.

⚫A growing confidence is evident, with 38% dedicating over 5% to crypto assets.

Insights into Blockchain Fundraising Trends — A Monthly Breakdown

2023 Overview:

⚫A total of $9.615 billion was raised across 1,174 rounds.
⚫A noticeable shift towards smaller-scale fundraisers compared to 2022.

Category Insights:
⚫Heightened interest in Blockchain Infrastructure and Services.
⚫A discernible decrease in investments in GameFi and NFTs.

Regional Dynamics in Project Financing

Key Regions:
⚫Leadership in blockchain services and DeFi projects is seen in the USA and Singapore.
⚫Varied regional interests, with Hong Kong emphasizing GameFi and NFTs.

Delving Deeper into the 2023 Funding Landscape

Our comprehensive exploration of the funding landscape for Web3, blockchain, and crypto in 2023 unravels a complex and adaptive market. From the maturation of VC-backed startups to the cautious yet strategic investments by hedge funds in crypto, the sector is undergoing significant transformations.

<<<<<<In-Depth Report on Investments in Web3>>>>>>

The trend towards diversification in funding models and the nuanced geographical variations in project financing add intricate layers to this unfolding narrative. Stay tuned for more updates and in-depth analysis.

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Coinpedia
Coinpedia

Written by Coinpedia

A Hub for cryptocurrency researchers and blockchain enthusiasts - featuring industry news, crypto prices and else related to Decentralized World.

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