Crypto Reportedly Attracts Record Money in 2021

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The Street

By Rob Lenihan U.S. venture capital transactions reportedly show outsize investing this year with $7.2 billion in deals, four times the previous record set in 2018. 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, according to a news report Monday. This is almost quadruple the previous high of around $8 billion in 2018, or the year following Bitcoin’s more than 1,300% breakthrough gain, Bloomberg reported, citing transaction data compiled by PitchBook Data. “We’ve moved beyond just digit…

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