Report: Funding for Bitcoin, Blockchain Startups Grows to $550 Million in 2016

Report: Funding for Bitcoin, Blockchain Startups Grows to $550 Million in 2016

A new report from CB Insights has shown that funding investments in bitcoin and blockchain technology startups amounted to $550 million compared to almost no investment in 2012. According to CB Insights, post-2012 total funding has risen five percent, from $524 million in 2015 to $550 million in 2016. Yet, while some may consider this a small increase, the total funding amount has increased significantly from 2012 figures. Then only five deals, amounting to $1.3 million, were achieved. However, this was followed by two years of increased investments with 143 deals and $357 million invested....


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