In the first nine months of 2021 crypto startups raised $15bn in venture capital, five times their tally for the whole of 2020
His restlessness mirrors that of crypto markets, which never sleep. But it also reflects the speed at which the two-year-old firm is growing. Last monthannounced a $420m funding round that valued it at $25bn, just three months after investors gave it a price tag of $18bn.
The industry’s boundaries are expanding, too. Blockchain startups are promoting new forms of financial services , digital ownership or incentive models .deals have been early-stage rounds.
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