CoinShares: an unparalleled flow of venture capital flows into cryptoassets

Bitcoin attracted a lot of attention again at the beginning of August, showing the largest one-day gain in the past 6 weeks, after spread (Certainly, unfaithful) rumors about it, that by the end of the year Amazon will accept crypto payments, says CoinShares Chief Revenue Officer Frank Spiteri.

CoinShares: an unparalleled flow of venture capital flows into cryptoassets

According to the opinion of professionals, institutional structures run over to long-term investments in crypto companies. At the beginning of August, one of the largest round of financial allocation of the crypto company was carried out by the FTX crypto exchange., which lured $900 million.

In the second quarter, blockchain companies lured the highest $4,4 billion, of the highest $70,4 billion, invested by venture capital firms globally in the second quarter. Eventually, to the share of venture capital, lured by blockchain companies, had to 6,25 % of the total size.

CoinShares releases follow-up list of more notable fundraising cases in Q2:

  • FTX derivatives exchange – $900 million
  • Hardware Ledger Wallet – $380
  • DeFi blockchain Solana – $314 million
  • Paxos – $300 million
  • Bitso – $250 million
  • BitDAO – $230 million

The company declares, that not only classical financiers are involved in the project. `` Visa and PayPal also took part in attracting $300 млн Blockchain Capital и, which is mind-boggling enough, Fox Entertainment invested $100 million. in the NFT project & quot;.

`` We are counting, that this trend will increase, as venture capital firms continue to attract more and more funds to funds, which are dedicated to blockchain, and Andreessen Horowitz just lured impressive $2,2 billions for its own third crypto fund '', – concludes CoinShares.

  US stock market news - NYSE, NASDAQ on 07.03.2017
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