Total funding for crypto or blockchain companies exceeded $1.4 billion in March, the highest level since September 2022

TechFlow News, according to data from The Block Deals Dashboard, total funding for crypto or blockchain companies exceeded $1.4 billion in March, the highest monthly level since September 2022.

John Dantoni, director of The Block Research, said March was a banner month due in part to a surge in early-stage or Series A investment.

There were more than 20 early-stage investments this month, a sharp increase from February, which saw nine such investments, in line with the monthly average over the past year, according to Dantoni data.