Crypto Attracts More Money in 2021 Than All Previous Years Combined
With digital assets and related projects exploding in popularity and many soaring in price, all manner of experimental projects are securing funding.
Blockchain gaming sensation Axie Infinity is among the crypto successes that have made the space a money magnet this year.
Illustration by 731; Getty Images (1), Backdoor Bird: Sky Mavis (edited)
Need more proof that this is the year digital assets went mainstream? How about the fact that venture capital funds have poured about $30 billion into crypto, or more than in all previous years combined for the little more than decade-old technology.
That’s almost quadruple the previous high of around $8 billion in 2018, or the year following Bitcoin’s more than 1,300% breakthrough gain, according to transaction data compiled by PitchBook Data Inc.