Quick Take Venture funding in the blockchain sector declined roughly 22% from $12.5 billion to $9.8 billion. Prior to this drop, investment in the industry had increased for seven consecutive quartersYear to date, Southeast Asia has received more than $2.2 billion in private investment across 160 venture dealsDeFi had the largest Q/Q declines in funding in both dollars terms and its number of dealsNFTs/Gaming funding popularity has officially poured into the M&A markets. Nearly 38% of its M&A transactions have occurred over the past two quarters