Business & Investment

Cryptocurrency Financing: Cryptocurrency Companies Raised More Funds In The First Quarter Of All In 2020

Venture capitalists are spending money on cryptocurrencies Enterprise With faster clips in a few years. First quarter, 129 Startup Focusing on digital technology known as blockchain, it raised about $ 2.6 billion, according to the company. CB Insight..

That’s more than all of 2020, which raised $ 2.3 billion in 341 transactions, according to data analytics firms. This increase was driven by several large rounds for startups such as crypto lender BlockFi, game maker Dapper Labs, and crypto wallet provider Blockchain.com.

The surge in funds is happening as follows Bitcoin A record high, companies such as Tesla are jumping into the currency.

Cryptocurrency Financing: Cryptocurrency Companies Raised More Funds In The First Quarter Of All In 2020

https://economictimes.indiatimes.com/markets/stocks/news/crypto-firms-got-more-funding-last-quarter-than-in-all-of-2020/articleshow/81882441.cms Cryptocurrency Financing: Cryptocurrency Companies Raised More Funds In The First Quarter Of All In 2020

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