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.