Blockchain and bitcoin startups raised $290 M in the last 6 months

posted almost 6 years ago
A new study from Juniper Research has found that the total value of Venture Capital (VC) investment into blockchain technologies and Bitcoin companies totalled $290 million in the first 6 months of the year, with more than 30 startups receiving funding in that time. More than a third of all investment was accounted for by 3 companies:

1. Circle - the social payment provider raised $60M;
2. Blockstream - the sidechain developer raised $55M;
3. Digital Asset holdings - the distributed ledger solutions provider raised $50M.

The research pinpointed the banking sector as being particularly proactive, with several banks having already adopted the Ripple blockchain protocol and others piloting competing solutions.

Juniper says banks are increasingly active in the bitcoin and blockchain investment space.
Tags: news, bitcoin, blockchain