VCs Invested Record $6.5B in Crypto, Blockchain in Q3: CB Insights

Posted on by American Coins & Gold

VCs Invested Record .5B in Crypto, Blockchain in Q3: CB Insights
Global venture capital funding into cryptocurrency and blockchain reached an all-time high of $6.5 billion in the third quarter, surpassing the updated second-quarter total of $5.2 billion, according to a new report from market intelligence firm CB Insights. For the quarter, there were 286 crypto deals recorded, down slightly from the 291 in the second quarter.For the first nine months of the year, global funding hit $15 billion, up 384% from 2020′s full-year total of $3.1 billion.Coinbase Ventures was the most active crypto/blockchain investor in the third quarter by a significant margin with 24 deals, while CMT Digital and Polychain…