Momentum in Blockchain is building up! CB Insights collected all relevant data to build one chart illustrating the plethora of investment activity in the space.
13 financial services firms made their first investment in the digital currency and blockchain space since the start of August 2015. From American Express to BBVA to Goldman Sachs, major firms across the financial services landscape are making their first investments into bitcoin and blockchain startups. The herd of new strategic investors is playing an increasingly important role in the health of the financing market for startups in the space. While deal activity dropped for the second consecutive quarter in Q3’15 to $87M, all five of the largest financing deals to blockchain and bitcoin startups in 2015 year-to-date included a corporate strategic investor. As TransAmerica Ventures CEO Georg Schwegler said recently,
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