2023 Semi-annual Financing Report: Primary Market Remains Cold, Infrastructure and Tools Sector Leading the Pack

2023 Half-Year Financing Report: Primary Market Cold, Infrastructure and Tools Sector Leading

According to BlockingNews statistics, there were a total of 689 investment and financing events in the first half of 2023, a decrease of 18.9% year-on-year. The total financing amount exceeded $5.97 billion, a decrease of 74.3% year-on-year and 47.9% month-on-month. In addition, in the first half of the year, funds flowing into infrastructure and tools tracks exceeded $2.36 billion, accounting for 39.1% of the total financing.

1) In the first half of the year, the DeFi sector raised over $384 million, a YoY decrease of 60.5% and a MoM decrease of 38.8%. A total of 85 funding events were announced, a YoY decrease of 22% and a MoM increase of 11.8%. The financing scale of this sector is mainly concentrated below $10 million, accounting for 88%, which is the highest in the sector.

2) In the first half of the year, the NFT and Metaverse sectors raised over $611 million, a YoY decrease of 80.6% and a MoM decrease of 50.4%. Overall, since last year, both the scale and number of projects in this sector have shown a significant downward trend. In addition, according to statistics, of the $611 million raised in this sector, more than $325 million flowed into the Metaverse field, accounting for about 53%.

3) In the first half of the year, the blockchain gaming sector raised over $470 million, a YoY decrease of 74.7% and a MoM decrease of 70.3%. A total of 86 funding events were announced, a YoY decrease of 41.1% and a MoM decrease of 22.5%. This year, the market has seen a significant decrease in both inflows of funds and financing scale compared to last year.

4) In the first half of the year, the infrastructure and tools sector raised over $2.36 billion, a YoY decrease of 73% and a MoM decrease of 37.3%. A total of 209 funding events were announced, a YoY increase of 5% and a MoM decrease of 8%.

5) In the first half of the year, the financing scale of other centralized financial sectors exceeded $1.04 billion, a YoY decrease of 20% and a MoM decrease of 36.4%. A total of 152 funding events were announced, a YoY decrease of 48% and a MoM decrease of 30%. Decentralized finance still has the highest proportion of large-scale financing in the sector, with 25 financing events with a financing scale of $10 million or more, accounting for nearly 40%.

6) The total financing scale of application areas that combine DAO, media, market, social, education, mining, real estate, carbon neutrality, and other industries with blockchain and encryption technology exceeded $1.1 billion, a YoY decrease of 20% and a MoM decrease of 36.4%. Compared with last year, the number of projects that received financing only decreased slightly, and the decrease in financing amount was the lowest among the six sectors.

Reference: https://www.panewslab.com/zh/articledetails/nzp0f56r.html