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Bloomberg: Crypto Saw more Funds in 2021 than all Previous Years Combined
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blockchain.newsMore funds have been invested in the cryptocurrency industry in 2021 than in the past 10 years combined, according to Bloomberg.
Venture capital funds invested about $30 billion into the cryptocurrency industry, which is almost four times the 2018 high, according to a report by PitchBook Data.
PitchBook analyst Rob Le said that:
«Investors are funding anything and everything.»
The crazy skyrocketing price of digital assets in 2021 has led to the popularity of crypto-related projects, such as blockchain game development, NFT projects, and several other experimental projects that are seeking funds.
Spencer Bogart, a general partner from San Francisco-based Blockchain Capital LLC said, «we've moved beyond just digital gold. We've got financial
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