Data: The amount of financing in the encryption market in September was US$505 million, a decrease of 24.5% from the previous month.

Odaily News RootData data shows that the amount of financing in the encryption market in September 2023 was US$505 million, a decrease of 24.5% month-on-month and a year-on-year decrease of 72.6%; the number of financings in September was 77, a year-on-year decrease of 44.2%. The top three financing amounts are: 1) Bitcoin mining company Core Scientific received a US$53.9 million investment from Bitmain: 2) Chain gaming startup Proof of Play completed a US$33 million seed round of financing, with a16z and Greenoaks co-leading the investment: 3) Encryption startup Bastion has completed a $25 million seed round of financing, led by a16z.