Crypto funding has climbed about 50% year on year, according to Messari data. However, the sector’s raised capital in the last month fell 65.31% to $795 million as major crypto assets continue to plummet.
The crypto market has faced an incredibly tough year amid macroeconomic uncertainties and global tensions, which have shifted investor sentiment.
Crypto fundraising is up 50% year on year from March last year. However, capital raised across the sector has declined by 65% in the last month, with major crypto assets falling by double digits year to date.
Crypto projects raised $795M in the last month, Messari data shows
Data from Messarri, a market intelligence and data platform, shows that crypto projects have raised a combined capital of $795 million in the last month across 85 rounds. The number of active investors also fell by 15.88% to 286, while the average deal size fell to $16.58 million, a 52.36% decline.
The report noted that significant capital concentration persists, and a small number of high-activity days account for the majority of monthly volume. The data shows that the total volume in the last 30 days was significant on just three specific days (February 18, 19, and 25), accounting for over $624 million, or roughly 57% of the total capital raised during the entire period.
February 25 numbers came in at $269.15 million across 10 rounds, and February 19 at $213.30 million in 5 funding rounds.
The report also noted that fundraising momentum had declined in early March compared to the mid-February peak.
So far this month, daily capital inflows have struggled to match the highs seen in the prior month, with the largest daily total in March reaching $105.4 million on March 4. However, the second half of February featured multiple days exceeding $140 million in volume.
Daily round counts have also cooled off, averaging approximately 4.6 rounds per day in March compared to several days in February that saw 6 to 10 distinct funding announcements.
Messari named Coinbase Ventures, $QUBIC Labs, Somnia, and Tether among the top investors in the last three months. Coinbase Ventures ranked first with 15 rounds, followed closely by $QUBIC Labs with 13. Somnia and Tether recorded a total of 10 and 9 rounds, respectively.
In the last thirty days, Whop recorded the largest funding after raising $200 million.
Crypto assets drop amid escalating global tensions under Trump’s second term
Since Trump took office, the crypto market’s performance has raised concerns among long-term investors. Top crypto projects are down significantly since the start of Trump’s second term. Bitcoin is down 40% while ETH and XRP are down 45% and 59% respectively. Solana has declined by nearly 72% while the top memecoin by market cap, Dogecoin, dipped by 78%.
Trump’s own memecoin, TRUMP, is down 90%, while MELANIA coin is down 98%. A previous Cryptopolitan report highlighted that nearly 40% of altcoins are trading close to their all-time lows, marking the largest market correction of the current cycle.
Despite crypto funding up about 50% YoY, crypto assets have continued to dip as the broader market consolidates.
Data from CoinMarketCap shows that Bitcoin is trading at $67,686, down 46.37% from its all-time high of $126,198. The digital asset is down 22.66% YTD. It has been consolidating between $73k and $62k since early February amid global tensions and macro uncertainties, which have shifted investor sentiment to a risk-off stance.
Spot Bitcoin ETFs witnessed combined net outflows worth $612.66 on March 5 and 6. The funds have received net inflows worth more than $550 million since March began, after drawing $1.15 billion from investors between March 2 and March 4.
cryptopolitan.com