The Reuters, referring to PitchBook data, believes that venture investments in crypto/blokchain startups in 2019 could set a new record.

According to PitchBook, in 2019, the blockchain industry has already received $850 million in venture capital, including corporate funds, in 13 investment transactions. Last year, the industry attracted $2.4 billion in venture capital investments for 117 deals, the average size of which was $8 million higher than this year ($6.5 million).

Volume of venture financing, including corporate funds, crypto and blockchain startups. Source: Reuters

According to Reuters, the data suggests that large companies see prospects in the emerging technology, even though it is struggling for adoption. At the same time, investors avoid direct investments in cryptocurrencies, financing various related platforms, mostly crypto-exchange and mining companies.

For comparison, the agency recalled that the total amount of global venture capital financing last year amounted to a record $5.6 billion in 617 investments.

Reuters did not disclose the date on which the PitchBook data was collected, but this week it became known about an investment transaction for $200 million between the Japanese ST Blockchain Fund and the Korean crypto trading exchange Bithumb. In addition, it was reported that the company ConsenSys is seeking $200 million in venture financing, despite the reorganization of the business and a reduction of 60% of the staff.

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