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VC funding for blockchain surpass 2017 at $1.3 billion invested globally in 2018.


Although bitcoin and blockchain technology may not take up thoughts for the general public as it did just a few months ago, companies in the space continue to rake in capital from investors.
According to Crunchbase data, Circle was valued at $2.9 billion pre-money, up from a $420 million pre-money valuation in its Series D round, which closed in May 2016.
But that’s not the only milestone for the world of venture-backed cryptocurrency and blockchain startups.
In February 2018, Crunchbase News estimated that the amount of money raised in old-school venture capital rounds by blockchain and blockchain-adjacent startups in 2018 would surpass the amount raised in 2017.

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