Crypto Investment Deals Halve as Average Funding Rises

The number of cryptocurrency investment deals has decreased by 50%, according to a report by Messari. Despite this decline, the average funding round over the past year has increased significantly to $34 million, marking a 272% rise compared to the previous year. According to NS3.AI, in the most recent month, three deals accounted for 44% of the total $795 million invested in the sector. Major venture capital firms, with the exception of Dragonfly Capital, have largely ceased new investments in cryptocurrencies. Additionally, some investors are redirecting their focus towards artificial intelligence.