VC Monthly Report: March Total Funding Nearly Tripled Due to Large-Scale CeFi Fundraising
Author | WuBlockchain According to RootData statistics, 74 publicly disclosed crypto VC investment projects were recorded in March 2025, marking a 28.8% decrease month-over-month (104 projects in February 2025) and a 61.3% decrease year-over-year (191 projects in March 2024). Note: Since not all fundraising rounds are announced within the same month, these figures may be updated in the future. Breakdown of Investment by Sector (March 2025): CeFi: 14.9% DeFi: 27% NFT/GameFi: 12.2% L1/L2: 8.1% RWA/DePIN: 14.9% Tool/Wallet: 6.8% AI: 14.9% March 2025 saw $2.883 billion in total funding, representing a 198.1% month-over-month increase (compared to $967 million in February 2025) and a 153.1% year-over-year increase (compared to $1.139 billion in March 2024). Among the top 10 largest funding rounds, 7 were centralized platforms (exchanges or payment platforms): Abu Dhabi MGX invested $2 billion in Binance on March 12, acquiring a minority stake. This transaction, the largest-ever crypto inves...