Cryptocurrency market financing totaled $1.02 billion in April, involving 161 financings

On May 6th, it was reported that the total financing amount in the cryptocurrency market in April reached 1.02 billion US dollars, involving 161 financing deals. This is slightly lower than the total investment of 1.09 billion US dollars in March, which had 186 deals. However, cryptocurrency venture capital has exceeded 1 billion US dollars for the second consecutive month this year, marking the first time since the end of 2022 for the industry.

The most noteworthy financing deals include BlackRock leading the investment of 47 million US dollars into asset tokenization company Securitize, and the massive investment of 225 million US dollars received by Layer1 blockchain Monad, also known as the "Solana killer," supported by Paradigm and Coinbase Ventures. In addition, blockchain infrastructure startup Auradine and Layer1 blockchain Berachain based on Cosmos also received funding support of 80 million US dollars and 100 million US dollars, respectively.