Report: There were over 800 newly registered U.K. crypto companies in 2018
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Analyzing data from Companies House and OpenCorporates, Sky News, a British news organization, found that, as of November 2018, there were 817 newly registered crypto companies in the U.K. The same data also show that there were a total of 342 crypto companies that were dissolved or liquidated in 2018. This was a large increase from 2017, where 139 crypto companies were dissolved. Of the 342 companies that were dissolved, more than 200 were incorporated in 2017, during the peak crypto bull market.
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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