The total global Web3 financing in May continues to rise, exceeding $917 million.
According to the statistics of VentureLink, there were a total of 100 financing events in the global Web3 field in May, which is basically the same as in April; the total financing amount reached $917 million, a decrease of 5.46% compared to the previous month.
In terms of segmented tracks, the blockchain infrastructure track had the highest number of financings and the largest amount in May, with 41 projects receiving a total of 498 million USD; the DeFi track and the CeFi track maintained a certain rise in total financing. Among them, there were 19 financings of tens of millions of dollars in May, including 2 financings of hundreds of millions of dollars, namely Farcaster and BitDeer.
In the Chinese market Web3 field, three projects received financing in May, namely: $3 million seed round investment in Martial Awakening, strategic financing of millions of dollars in Unique Art, and a new round of $10 million strategic financing in Dora Factory.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
The total global Web3 financing in May continues to rise, exceeding $917 million.
According to the statistics of VentureLink, there were a total of 100 financing events in the global Web3 field in May, which is basically the same as in April; the total financing amount reached $917 million, a decrease of 5.46% compared to the previous month.
In terms of segmented tracks, the blockchain infrastructure track had the highest number of financings and the largest amount in May, with 41 projects receiving a total of 498 million USD; the DeFi track and the CeFi track maintained a certain rise in total financing. Among them, there were 19 financings of tens of millions of dollars in May, including 2 financings of hundreds of millions of dollars, namely Farcaster and BitDeer.
In the Chinese market Web3 field, three projects received financing in May, namely: $3 million seed round investment in Martial Awakening, strategic financing of millions of dollars in Unique Art, and a new round of $10 million strategic financing in Dora Factory.