Coinspeaker
KuCoin Research: Institutional Investors Poured $1.6B on 180 Crypto Projects in March 

KuCoin research, the analytics arm of the crypto exchange, has released its monthly report on market trends, sharing insights into the industry’s behavior in the past month. According to the report, the number of financing in the digital asset space increased by 50% in March to reach $1.6 million compared to February.

The month witnessed a resurgence in institutional investments, coinciding with Bitcoin’s climb to a new all-time high above $73,000 after a two-year downturn. Pushed by positive market sentiments, investors directed funds into 180 crypto projects across various sectors.

Market Dynamics and Investment Trends

The KuCoin research found a continuous growth trend in both the number and scale of investment and financing projects compared to the previous year. The company said the growth signals a robust revival in the primary investment market within the current crypto economy.

While the financing scale between $10 and $100 million notably increased from 16.6% in February to 28.81% in March, seed-stage financing projects saw a slight decline from 40.86% to 37.8%.

Despite ...