Crypto Market Funding Reaches $1.11 Billion in September, Up 85% Month-over-Month

According to RootData, the crypto primary market saw 47 funding rounds in September, totaling approximately $1.11 billion, an 85% increase from August's $602 million. While the total funding amount rose, the number of deals fell by 4.1% compared to August. Infrastructure, CeFi, and DeFi accounted for 92% of the total funding, with major rounds including Polymarket ($300 million), Félix ($200 million), and Jeeves ($110 million). Additionally, RWA-related funding saw significant growth, with 8 deals totaling $52.75 million, while 11 M&A events were recorded during the month.