Blockchain Mutual Funds of Venture Capitalists Grow in 2018

Although Bitcoin and altcoins have been calm in recent days and the market volume has stabilized at the level of 450 billion dollars, the ever-growing investments continue to turn to Blockchain companies and ICOs.

According to Cruchbase’s data, the investment collected by Blockchain-based companies in 3 months of 2018 has reached 40 percent of the total investment made in 2017.. When forecasting is made with a short mathematical process, we can say that the investment expected to take place in 2018 will grow by 60 percent compared to 2017.

Crunchbase uses this list, while “Bitcoin, Ethereum, Blockchain, Cryptocurrency, Digital Money” , Virtual Money and Utility Token” and takes organizations into account accordingly.

The list also includes companies that were established this year and carried out ICO processes, so the company participating in the analysis. The number rises to 2900.

Crunchbase points out in the report that the biggest investments are directed to digital currency wallet Ledger, Russian Blockchain cargo tracking platform QUASA and Harbor Platform.

Crunchbase data also reveals that mainstream venture capitalists are making crypto-focused investments, as well as mutual funds focused entirely on Blockchain.. The company that made the most investments is the Digital Currency Group with 14 investments; It shows that it allocates budgets in countries such as Singapore and Switzerland.

It is very pleasing for the future of the digital economy to see investments made in the ecosystem instead of unnecessary inflated prices these days when the value of cryptocurrencies is stable compared to the old days…

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