In 2021, the crypto industry attracts more…

In 2021, the crypto industry attracts more… post thumbnail image

This, according to market participants, was facilitated by the growth of NFT and other related fields.

In 2021, the crypto industry raised a record $30 billion from venture capital funds. Bloomberg wrote about this with reference to PitchBook statistics.

  • Analysts draw attention to the fact that in 2021 the crypto industry will attract more investment than previous years combined.

The volume of venture capital investments in the crypto market. Source: PitchBook; infographic: Bloomberg

  • The previous record was recorded in 2018 of USD 8 billion.

“We have gone beyond defining bitcoin as digital gold. We have financial services, arts, games, as subcategories NFT, Web 3.0, decentralized social media platforms, play-to-earn. All of this makes investors think they are not paying enough attention to the crypto industry,” Spencer Bogart, general partner of Blockchain Capital LLC, explains the growth of investing in the crypto industry.

  • The authors of the report drew attention to the fact that $30 billion in attractive investments, including data on the financing of online broker Robinhood and banking startup with Russian roots Revolut.
  • The analyst also calculated the number of transactions of crypto industry participants in the US venture capital market from 2016 to December 15, 2021. The leader of the rankings is crypto exchange Coinbase. Recall that in April 2021, the trading platform went public.
Transactions of crypto industry participants in the US venture capital market from 2016 to December 15, 2021. Source: PitchBook; infographic: Bloomberg

We will remind you, earlier on the network there was information that Coinbase was developing a tool for the metaverse.

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Post