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Financial Institutions Investing in Crypto Startups at Record Pace
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Financial Institutions Investing in Crypto Startups at Record Pace

Financial Institutions Investing in Crypto Startups at Record Pace

Todd Anderson·
FintechNews RoundupUSA
·Apr. 24, 2019·1 min read

Crypto and blockchain startups have raised more than $850mn of VC funding in 13 deals, this puts the market on pace to break last years record of $2.4bn from 117 deals; the crypto market has seen a lot of turmoil in the last 18 months but the funding news shows there is still a lot of interest in the underlying technology; tokenization is helping to drive the investment push, tokenization would bring conventional assets to the blockchain; the constant push and pull in the space will continue until a major bank reaches scale with the technology. Source.

  • Todd Anderson
    Todd Anderson

    Todd is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists. He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences. He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.

    View all posts

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