Today news
About the same in other media
Venture capital invested a record $30 billion in crypto in 2021, more than quadruple previous high
Reading now: 688
markets.businessinsider.comJakub Porzycki/NurPhoto via Getty Images
Venture capital funds poured a record $30 billion — more than every other year combined — into crypto investments in 2021, Bloomberg reported.
The report, which cited PitchBook data, said the sky-high number is nearly four-times the 2018 record of about $8 billion, in part thanks to investors funding «anything and everything» in crypto.
Much of that fundraising — about $7.2 billion — came from US venture capital, according to the report. PitchBook did not respond to Insider's request for the data.
Axie Infinity-owner Sky Mavis, for example, raised $150 million at a $3 billion valuation in a funding round led by venture firm Andreessen Horowitz. Axie Infinity, an ethereum-based play-t0-earn game, has
Read more on markets.businessinsider.comAbout this in other media
First US Bitcoin ETF a 'dud' in 2021 as GBTC discount stays near record lows cointelegraph.com /2 years ago
Global stock market to see double-digit returns; don’t see crypto bubble bursting in 2022: Fisher Investments cnbctv18.com /2 years ago
North Korea Views its USD 1.7B Crypto Hack Hauls as a ‘Long-term Investment’ cryptonews.com /2 years ago
Show more
The website gocryptonft.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
