Home Cryptocurrency News Cryptocurrency funding: Crypto firms got more funding last quarter than in all of 2020

Cryptocurrency funding: Crypto firms got more funding last quarter than in all of 2020

1 min read
0
33

Enterprise capitalists are pouring cash into cryptocurrency-related companies at a sooner clip in years. Within the first quarter, 129 startups specializing in the digital know-how often known as blockchain raised about $2.6 billion, based on CB Insights.

That’s greater than in all of 2020, once they attracted $2.3 billion in 341 offers, based on the info evaluation firm. The rise was fueled by a number of giant rounds for startups together with crypto lender BlockFi , game-maker Dapper Labs and crypto pockets supplier Blockchain.com.

The funding surge is occurring as Bitcoin hits file highs, and with firms reminiscent of Tesla diving into the forex.


Source link

Leave a Reply

Your email address will not be published.

Check Also

Can crypto currencies such as Ethereum disrupt business of banking?

What’s DeFi DeFi is brief for “decentralised finance”, an umbrella time period…