Crypto venture capital funding in the first quarter saw the financial sector rake in the most investments.

What Happened: Tom Dunleavy, Managing Partner at MV Capital, quoted figures from blockchain analytics firm Messari, revealing that deal volume decreased by 8.8% month-over-month (MoM) to $1.28 billion. The number of deals saw a slight increase of 0.7%, sustaining near yearly high levels with a total of 303 deals.

The financial sector emerged as the most active, accounting for 25.2% of the total fundraising volume, with $323 million secured.

This sector’s robust performance underscores its pivotal role in the evolving crypto ecosystem.

Notable deals include Securitize, which raised…

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