Optimism

<ul><li>In March, the crypto industry saw a 52.5% rise in VC investments, reaching $1.16 billion, with a strong emphasis on infrastructure and DeFi projects.</li><li>The month marked a significant uptick in VC interest, with 180 deals, the highest since April 2022, focusing on infrastructure and decentralized finance.</li><li>Optimism&#39;s $89 million token sale and Zama&#39;s $73 million Series A funding, leading the investment surge, underscored the robust growth.</li></ul>The crypto industry witnessed a significant uplift in venture capital (VC) interest throughout March, showcasing a 52.5% increase from the previous month. A robust $1.16 billion was funneled into many crypto endeavors, with a pronounced focus on infrastructure and decentralized finance (DeFi) projects. According to a Web3 asset data platform, <a href="https://www.rootdata.com/dashboard" rel="noopener noreferrer nofollow">RootData</a>, this financial engagement resulted in 180 publicly disclosed deals, marking a peak not observed since April 2022.The investment landscape revealed a diverse array of commitments, with 20% of the transactions ranging between $1 million to $3 million. A slightly smaller fraction exceeded the $5 million mark, reaching up to $10 million. Despite the global nature of these ventures, the United States emerged as a focal point for funding, albeit constituting less than 10% of the total deals.Highlighting the month&#39;s funding activities was <a href="https://cryptotale.org/crypto-analysts-sound-alarm-as-ethereum-nears-key-resistance-level/" rel="noopener noreferrer nofollow">Ethereum layer-2</a> blockchain Optimism, which topped the charts by securing $89 million through a private token sale. Following closely was the cryptography innovator <a href="https://www.zama.ai/post/zama-fhe-master-plan" rel="noopener noreferrer nofollow">Zama</a>, which completed a $73 million Series A round. This surge in investment activities represented a 25% increase from February and showcased a staggering 70% growth year-over-year, with a total raised amount surpassing that of March 2023 by 28%.Visit the links below for more information about Cryptotale :<a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">https://www.instagram.com/cryptotalenews/</a><a href="https://www.facebook.com/cryptotalemedia" rel="noopener noreferrer nofollow">https://www.facebook.com/cryptotalemedia</a><a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">https://twitter.com/cryptotalemedia</a><a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">https://t.me/cryptotale_news</a><a href="https://www.linkedin.com/company/cryptotalemedia/" rel="noopener noreferrer nofollow">https://www.linkedin.com/company/cryptotalemedia/</a><a href="https://cryptotale.org/crypto-funding-renaissance-march-sees-surge-in-vc-investments-hits-1-16b/" rel="noopener noreferrer nofollow">Read full article at CryptoTale.</a>

Crypto Funding Renaissance: March Sees Surge in VC Investments, Hits $1.16B

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