{"id":2583,"date":"2023-10-25T13:24:14","date_gmt":"2023-10-25T13:24:14","guid":{"rendered":"https:\/\/cryptofunding.vc\/?p=2583"},"modified":"2023-10-25T13:24:15","modified_gmt":"2023-10-25T13:24:15","slug":"crypto-fundraising-reaches-3-year-nadir-amid-capital-raising-challenges-messari","status":"publish","type":"post","link":"https:\/\/cryptofunding.vc\/crypto-fundraising-reaches-3-year-nadir-amid-capital-raising-challenges-messari\/","title":{"rendered":"Crypto Fundraising Reaches 3-Year Nadir Amid Capital-Raising Challenges: Messari"},"content":{"rendered":"\n
In Q3, the crypto winter made a significant impact on fundraising, causing it to plummet to its lowest level in three years, as reported by blockchain intelligence firm Messari.<\/p>\n\n\n\n
According to Messari’s latest State of Crypto Fundraising report, crypto firms managed to secure just under $2.1 billion across 297 deals in Q3, marking the lowest figures seen since Q4 2020. This decline is striking, especially when compared to the peak of nearly $17.5 billion raised across over 900 deals in Q1 2022. Throughout the year, returns gradually dwindled, ultimately culminating in the abrupt collapse of the FTX exchange in November.<\/p>\n\n\n\n
Nevertheless, the resilience of fundraising was evident in Q1 and Q2 2023, during which approximately $7.5 billion was raised across about 200 deals in each quarter, mirroring the figures from Q4 2022. However, both of these counts experienced a 36% drop in Q3.<\/p>\n\n\n\n
Furthermore, Messari’s report highlighted a notable trend among investors who are now focusing on new investments in early-stage projects and infrastructure rather than user-facing applications. This shift indicates a strategic approach to navigate the challenging crypto landscape.<\/p>\n","protected":false},"excerpt":{"rendered":"
In Q3, the crypto winter made a significant impact on fundraising, causing it to plummet to its lowest level in three years, […]<\/p>\n","protected":false},"author":3,"featured_media":2584,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[],"class_list":["post-2583","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fundraising"],"yoast_head":"\n