Crypto funding in March exceeded $1.16 billion, a 52% jump from February

According to data released by RootData, the financing amount in the cryptocurrency field exceeded 1.16 billion US dollars in March, the second highest amount in the past 12 months, a 52% increase compared to February. The data shows that most of the funds were invested in cryptocurrency infrastructure and decentralized finance (DeFi) projects, especially those built on the Ethereum blockchain. Other popular blockchains include Polygon and BNB Chain. About one-third of the funds were allocated to projects in the United States.