CeFi and Currency Investments Surge as Blockchain Services Decline

This month saw significant shifts in blockchain investments, with CeFi leading the charge, raising $89M across 17 rounds, a substantial increase from last month's $15M. Currency investments also surged to $405M from $304M, driven by high-profile projects like XRP. Conversely, Blockchain Service experienced a sharp decline, dropping to $60M from $115M. These changes suggest a growing investor focus on centralized finance and digital currencies, while interest in blockchain services cools.