According to a report by TheBlock Research, the amount of venture capital in the blockchain sector has declined for the first time since the second quarter of 2020. The amount of venture capital in the second quarter of 2022 was $9.8 billion, down from $12.5 billion in the first quarter. twenty two%.
The report also showed that while the total number of deals increased from 648 in the first quarter to 694 in the second quarter, monthly transactions fell from 247 to 196 in June, a drop of nearly 21%. In addition, the number of investments below $50 million has also decreased, with 44% of funding raised in the quarter coming from below $50 million, compared to 29% in the first quarter of 2022.