According to information collected by The Block Research, the quantity of venture capital devoted to cryptocurrency and blockchain tasks and providers skyrocketed in the 2nd quarter of 2021.
As mentioned in a new numerical examination by John Dantoni of The Block Research, a complete of 497 venture capital offers occurred through this time period.
Excluding Block.one’s $ 9.seven billion investment in cryptocurrency exchange company Bullish, the 2nd quarter noticed $ six.two billion in direct personal funding to the digital assets sector, as proven in the chart beneath. .
This represents an maximize of about 90% more than the earlier quarter.
According to the report, of the complete amount of transactions, most of the transactions took location in the type of early stage transactions, amounting to 171 and 202 respectively.
Cryptocurrency fiscal solutions companies and infrastructure-targeted providers attracted the most threat curiosity.
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