VC blockchain investment hits US$1.3 bln, topping 2017 funding Journal Ledger 中文 - BitCoin Wealth 247 News Blog
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Journal Ledger #20013; #25991;
VC blockchain investment hits US$1.3 bln, topping 2017 funding Journal
Ledger 中文

VC blockchain investment hits US$1.3 bln, topping 2017 funding Journal Ledger 中文

Journal Ledger #20013; #25991;
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Journal Ledger 中文,<br />					VC blockchain investment hits US$1.3 bln, topping 2017 funding
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A device that lets deaf people hear with their tongue

Around US$1.3 billion has been invested in blockchain companies in the first five months of 2018, exceeding the amount of venture capital in the field for the whole of 2017, according to Crunchbase. Photo: Bloomberg


VC blockchain investment hits US$1.3 bln, topping 2017 funding

About US$1.3 billion has been invested in blockchain companies in the first five months this year, surp

the amount of venture capital in the field for the whole of 2017, 

A number of large funding rounds related to blockchain technology have been reported this year. 

Orbs, an Israeli startup that offers blockchain as a service for consumer brands, raised US$118 million.

Ledger Wallet, a Paris-based bitcoin wallet maker, raised US$75 million;

Project Shivom, a German company that applies blockchain technology to genomics, raised US$32 million; and b

lockchain analysis platform Chainalysis raised US$16 million.

company that is built on blockchain technology and powered by crypto assets. The startup raised US$110 million in a series E funding, led by Bitmain, a maker of bitcoin mining hardware.

Circle was valued at US$2.9 billion before the latest funding, data from Crunchbase showed.

It joins the ranks of other crypto-focused unicorns such as 

exchange Coinbase and mobile stock trading platform Robinhood.

This latest survey of VC deals excluded initial coin offerings, and focused on angel investments, seed capital, convertible notes, Series A, Series B, and so on, Crunchbase said.

This article appeared in the Hong Kong Economic Journal on May 24


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