Blockchain Investment Surges: Major VCs Pour Millions into Promising Startups
Blockchain investment has seen a surge in recent years, with major players like Digital Currency Group and Pantera Capital leading the charge. The industry has attracted over 120 Venture Capital firms, investing billions in promising startups.
The boom in blockchain investment began around 2015 and peaked in 2017. Digital Currency Group (DCG) has been a significant contributor, investing $78 million in top companies such as Basis, Ledger, Circle, and Blockchain Inc. Pantera Capital, another prominent investor, has poured $65 million into Basis, Circle, Harbor, and DMarket. Capital One has invested $71 million, with notable investments in Circle, Coinbase, Blockstream, and Ripple. Boost VC has backed projects like Ledger, Libra Credit Network, Tezos, and Coinbase, investing a total of $67 million. Even Chinese firms like Node Capital have shown interest, investing $20 million in Fengwo and ChinaUp.com.
Blockchain investment has grown significantly, with major VC firms and hedge funds pouring millions into promising startups. While seed funding remains the most popular strategy, the average deal size suggests a growing appetite for larger investments. Despite the lack of clear, publicly documented examples of multiple investments by the same firm in the past two years, institutional involvement in the blockchain sector is undeniable.
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