Crypto venture capital funding surged by 52.5% in March, reaching $1.16 billion, primarily backing infrastructure and DeFi projects. 180 public investments were announced, the highest since April 2022. Notably, Optimism and Zama raised $89 million and $73 million, respectively. Andreessen Horowitz allocated $30 million for Web3 gaming. Infrastructure projects led with $283 million, while DeFi projects secured $228.1 million. No funds were raised in the DAO category.
Crypto VC funding surged 53% in March, Optimism wins largest share
