The Block researcher Ryan Todd mapped out the most active crypto funds and their 2019 investments in his latest The Block Genesis research piece.

In it, he noted trading services and regional exchanges in South America, Europe, and the Middle East are among the most popular investment categories this year. With the exception of Galaxy Digital, all major investors have stakes in this category. Polychain, especially, with over 60% of its investment going into trading services and exchanges. Additionally, investments in open finance and wallets as well as blockchain-based games make up a large mix for top investors in the space.