CeFi Continues Its Streak
Weekly Recap
Total funding fell 29% week-over-week from $221 million to $158 million, while deal count rose about 14% from 22 to 25. This week marks the third consecutive week with triple-digit total funding and over 20 deals, potentially signaling increasing appetite in the private market. Infrastructure and CeFi were the leading categories, raising $76 million and $50 million, respectively. CeFi deals struggled in 2023 but have been a strong category through the first month of 2024 as investors bet on companies that will onboard users to crypto.
From a deal stage perspective, Se...Finish reading this report for free
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