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Crypto attracts more money in 2021 than all previous years combined
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economictimes.indiatimes.comcrypto, or more than in all previous years combined for the little more than decade-old technology. That’s almost quadruple the previous high of around $8 billion in 2018, or the year following Bitcoin’s more than 1,300% breakthrough gain, according to transaction data compiled by PitchBook Data Inc. “We’ve moved beyond just digital gold. We’ve got financial services, art, gaming as a subcategory of NFTs, Web 3.0, decentralized social media, play-to-earn — all of that made investors think, `We don’t have enough exposure,’” said Spencer Bogart, general partner at San Francisco-based Blockchain Capital LLC, one the largest investors in the industry after financing more than 120 companies since its inception in 2013.
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