Blockchain startups grow as global VC funding generated $25.2B in 2021
A 713% increase in venture capital funding went to global blockchain startups last year, but will this trend continue? Last year was impressive for blockchain startups, as research from CB Insights found that venture capital funding reached new heights during every quarter of 2021. According to CB Insights’ “State Of Blockchain 2021” report, $25.2 billion worth of venture capital funding went to global blockchain startups last year, demonstrating a 713% increase from $3.1 billion in 2020.The report also found that the United States led the greatest amount of funding deals in Q4 of last....
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Funding for crypto and blockchain startups is not slowing in 2021 as VC funds appear keen to enjoy the exponential growth potential. Venture capital funding for crypto and blockchain startups looks set to break records in 2021. As previously reported by Cointelegraph, crypto firms received more funding in the first quarter of 2021 than the whole of 2020.Indeed, three companies in the market attracted $1.1 billion from backers in Q1 202 — a third of the total funding for crypto and blockchain firms reported in 2018. With the current bullish enthusiasm in the crypto space, VC funding....
Blockchain-based startups continue to account for a significant proportion of newly established business entities across the globe. With venture capital funding seemingly prioritizing emerging technology, the blockchain industry experiences a significant influx of capital from corporate backers.According to the Global Startup Ecosystem Report 2021 published on Wednesday, blockchain-based businesses account for 10% of startups worldwide.The figure is part of a more significant trend that has seen emerging technology become a fast-growing sub-sector in terms of early-stage funding. The....
Startups working with Algorand's blockchain may receive up to $500,000 in seed funding through the program.
The seventh edition of the world-renowned flagship Global Blockchain Congress by Agora Group is taking place on June 21 and 22, 2021, in Dubai. The seventh edition of the world-renowned flagship Global Blockchain Congress by Agora Group is taking place on June 21 and 22, 2021, in Dubai. This edition’s theme is “Celebrating DeFi and NFTs” and will boast an amazing line up of speakers including keynote addresses by His Excellency Ahmed Bin Sulayem, executive chairman and CEO of Dubai Multi Commodities Centre; Hubertus Thonhauser, chairman of the board at the Tezos Foundation; Fiorenzo....
Co-led by Tiger Global Management and Coatue Management, the VC funding will inject funds worth $400 million into the bootstrapped company. Moonpay, a fintech startup dedicated to building crypto payments infrastructure, is reportedly expected to reach a valuation of $3.4 billion after conducting its first round of venture capital funding. The VC funding for the crypto payments startup is being co-led by Tiger Global Management and Coatue Management and will inject funds worth $400 million into the bootstrapped company. MoonPay platform allows the purchase and sale of cryptocurrencies and....