Although financial supervisors around the world are still studying how to deal with cryptocurrency assets based on blockchain technology, coupled with the volatility of cryptocurrency market prices, and the feasibility of this technology in practical industrial applications There are many doubts, but global venture capitalists are investing at an alarming rate for new entrepreneurs in the blockchain.

TechCrunch quoted Crunchbase, a corporate information platform company, as saying that from the beginning of 2018 to May 20, the global blockchain-related new entrepreneurs have obtained about 250 investments totaling $1.3 billion. The number and amount of this investment are higher than the number of investment and amount of new entrepreneurs involved in the blockchain in the first half or the first half of each year.

New global blockchain hits $1.3 billion in investment since 2018

In terms of the amount alone, the total amount of investment from the global blockchain-related new entrepreneurs from the beginning of 2018 to May 20 is higher than that of all new entrepreneurs in the blockchain from July 2016 to the end of 2017. The sum of the investment amount.

This investment amount includes only the seed/angel round, the A round, or other subsequent rounds of investment by the venture capitalists, and the investment obtained through such methods as ConverTIble Bond. It does not include funds raised through the holding of the first virtual token open sale (ICO).

From the beginning of 2018 to the present, the blockchain-related new entrepreneurs who have obtained a large investment amount in a single investment include the global network financial industry circle based on blockchain technology in the United States, which was acquired in the E round of fundraising in May. 110 million US dollars.

According to the data, the pre-earning valuation (Pre-money valuaTIon) of the company's E round of fundraising was $2.9 billion. In comparison, the pre-investment valuation of the company's D round of fundraising in May 2016 was still only 420 million US dollars. This means that in just two years, Circle's valuation has grown about six times.

In addition to Circle, Orbs, the Israeli blockchain infrastructure as a service (IaaS) platform operator, also received $118 million in May. Ledger, a French developer of cryptocurrency and blockchain application security solutions, received $75 million in Series B funding in January.

Project Shivom, a German biotech company that uses blockchain and artificial intelligence to analyze and protect genetic data, raised $32 million in May. US bitcoin trading analyst Chainalysis also won $16 million in Series A funding in April.

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