Total crypto market financing in June fell by about 53% compared to March

On July 8th, DefiLlama disclosed data on the X platform showing that the total financing amount of cryptocurrencies has been declining in the past few months. In June 2024, the total financing amount of the cryptocurrency market decreased by about 53% compared to March 2024. The larger financing transactions in June include:

1. Avail: $43 million Series A financing;

2. Nexus Labs: $25 million Series A financing;

3. M^0: $35 million Series A financing;

4. The Sandbox: $20 million strategic round financing;

5. Ora: $20 million Series A financing.