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Messari Report: Cryptocurrency Funding Transactions Up 3.8% to $1.36 billion in April 2024

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2024-05-16 00:27:37
Messari released its funding report for April 2024. The report said that in April 2024, the volume of cryptocurrency financing transactions increased by 3.8% to $1.36 billion, but the number of transactions decreased by 16.7%. Investments in the cyber sector accounted for 37.7% of the total investment, which was highlighted by major financing such as Monad's $225 million.
Notably, Bitcoin Layer-2 projects surged in April, with multiple projects emerging from stealth mode. There was also significant activity in the financial and infrastructure sectors, with capital more evenly distributed across categories than in previous months.
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