According to Rootdate data, there were a total of 75 financing deals in the encryption field in October 2023, with a cumulative financing amount of approximately $426 million, which is the lowest financing amount in the past 4 years, a year-on-year decrease of 63%. In October of last year, there were a total of 135 financing deals in the encryption field, with a cumulative financing amount of approximately $1.157 billion.
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Total financing for crypto projects in October reached $426 million, the lowest in nearly four years
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