Blockchain Funding Is At An All-Time High — Here’s What’s Driving The Boom

CB Insights July 8, 2021
Chris Bendtsen

It’s been a record year so far for blockchain tech, as it has reached new equity funding and media coverage milestones.

Blockchain companies have already raised over $7B in venture capital and private equity funding in H1’21 — an amount higher than that raised over the course of any full year in history. Even legacy financial institutions are placing bets in the space.

Demand for cryptocurrencies, from both consumers and institutions, is driving big deals for companies focused on crypto wallets, exchanges, and enterprise applications.

At the current rate, blockchain funding is anticipated to reach over $14.6B by year end — shattering the previous record ($4.5B) set in 2018.

In this brief, we’ll look at:

• Topline findings and implications
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