VC blockchain investment hits US$1.3 bln, topping 2017 funding – ejinsight

May 24, 2108

This article appeared in the Hong Kong Economic Journal on May 24

Translation by Jonathan Chong [Chinese version 中文版]

About US$1.3 billion has been invested in blockchain companies in the first five months this year, surpassing the amount of venture capital in the field for the whole of 2017, Crunchbase reports.

A number of large funding rounds related to blockchain technology have been reported this year.

Orbs, an Israeli startup that offers blockchain as a service for consumer brands, raised US$118 million.

Ledger Wallet, a Paris-based bitcoin wallet maker, raised US$75 million; Project Shivom, a German company that applies blockchain technology to genomics, raised US$32 million; and blockchain analysis platform Chainalysis raised US$16 million.

More at: VC blockchain investment hits US$1.3 bln, topping 2017 funding – ejinsight

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