Key Insights
- Deal volume increased 3.8% MoM, rising to $1.36 billion and continuing a long-term uptrend. However, the number of deals fell 16.7% MoM, dropping to 259.
- Networks dominated, accounting for 37.7% of fundraising volume.
- The most notable deals included Monad ($225 million), Berachain ($100 million), Auradine ($80 million), IoTeX ($50 million), and Movement Labs ($38 million).
- Multiple Bitcoin Layer-2s were revealed from stealth or raised funds, including Mezo ($25 million), Alpen Labs ($10.6 million), Merlin Chain (Undisclosed), and Zulu Network ($3 million).
Let us know what you loved about the report, what may be missing, or share any other feedback by filling out this short form. All responses are subject to our Privacy Policy and Terms of Service.
Get an edge with
Blockworks Intel
Upgrade For $4,500/YrBlockworks Intel
Upgrade to unlock 300+ industry leading reports from our researchers, including:
Have questions?Schedule a Demo