Crypto attracts more money in 2021 than all previous years combined
Need more proof that this is the year digital assets went mainstream? How about the fact that venture capital funds have poured about $30 billion into crypto, or more than in all previous years combined for the little more than decade-old technology.
As other established firms such as $Coinbase(COIN.US$, Digital Currency Group and Polychain Capital bet on the next big crypto thing, all manner of experimental projects — a social media app that turns celebrities into tokens, a play-to-earn nonfungible token game inspired by Elon Musk or a collectible consisting of a list of words — secured funding.
"Investors are funding anything and everything," PitchBook analyst Rob Le said.
Source: Bloomberg
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Crypto news and opinion. ༼ つ ◕_◕ ༽つ Crypto enthusiastic (Not a financial advisor)
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