Average crypto venture funding size grew about 33% in 2020

advertisement

Crypto venture funding increased by a third in 2020 compared with 2019, according to The Block Research.

In total, the average venture capital funding size in 2020 grew 32.5% to $5.7 million and the funding median was $1.8 million.

Nearly all size categories of venture funding in the cryptocurrency space grew in terms of the number of deals as well, with funding rounds ranging from $1 million to 5 million leading the way, according to The Block Research’s 2021 Outlook Report. Finally, compared with 2019, there were two additional deals in 2020 worth at least $100 million.

For more information on cryptocurrency and blockchain venture funding, read The Block Research 2021 Digital Asset Outlook Report.

Related Reading

Get Your Crypto
Daily Brief

Delivered daily, straight to your inbox.

Why BTG Pactual is launching a crypto platform

Brazil-based BTG Pactual, Latin America’s biggest investment bank, is launching its own crypto asset platform that will initially support bitcoin and ether trading. The platform will be called Mynt and allow customers to purchase bitcoin and ether, BTG Pactual’s Head of Digital Assets André Portilho tells The Block. Eventually, the platform will support other digital […]
Read Full Story
Sep 24, 2021, 9:17PM UTC
More