Outlier Ventures: Venture capital investments in the blockchain space up 316% from 2017
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Outlier Ventures, a European venture firm, released its State of Blockchains Q3 2018 report. The report provides an overview of blockchain investment and overall market trends. According to the report:
- VC investments in blockchain and crypto companies grew from $900M in 2017 to $2.85B, as of Nov. 2018 — an increase of 316%.
- There were 119 VC deals disclosed in the third quarter of 2018.
- The U.S. is still the dominant source of VC investments in the blockchain space.
- There were over 50 acquisitions, as of Nov. 2018.
(Source: Outlier Ventures)
AUTHOR
Steven Zheng is a researcher for The Block. He joined The Block in August 2018. Steven graduated from St. John’s University with a degree in economics. Previously, he covered blockchain and crypto at Radicle, a startup analytics firm. He also had brief stints at Cheddar, a media startup, and Bowery Capital, a venture capital firm. He owns bitcoin. Follow Steven on Twitter at: @Dogetoshi
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