KuCoin’s research arm published a report highlighting that the crypto space saw over $1 billion in investments in May, a slight decrease compared to the previous month. 

On June 13, KuCoin Research said that 156 investments were publicly disclosed in May. In addition, the crypto exchange’s research arm reported that $1.02 billion in investment capital flowed into the space.

This represents a 10.61% increase compared to May 2023. However, the figure shows a 6.4% decrease when compared to April.