VC funding in Latin American crypto and blockchain companies reaches $653 million in 2021, a nearly 10-fold increase

time:2022-02-17 02:30 source:Internet

According to a report published by the Latin American Private Capital Investment Association (LAVCA), venture capital investment in Latin American cryptocurrency and blockchain companies will reach $653 million in 2021, almost ten times the amount in 2020 (about $68 million). Investments focused on consumer-facing asset exchanges and retail trading platforms received a total of $607 million. Among them, Bitso, a Mexican crypto exchange with operations in Argentina and Colombia, raised $250 million in May 2021, becoming Latin America’s first cryptocurrency unicorn. Brazilian cryptocurrency exchange Mercado Bitcoin has raised a total of $290 million in three funding rounds at a valuation of $2.2 billion. According to LAVCA, total venture capital investment in Latin America will reach $15.7 billion in 2021, compared to $4.1 billion in 2020.

  • Positive
  • Latest
  • {{item.nickname}} {{item.publish_time}} sofa bench floor {{item.floor}} floor
    {{item.parentinfo.nickname}} Posted on {{item.parentinfo.publish_time}} {{item.parentinfo.content}}

    Disclaimer : The above empty space does not represent the position of this platform. If the content of the article is not logical or has irregularities, please submit feedback and we will delete or correct it, thank you!

    {{item.praise}} Like {{item.praise}} Like Reply
Come on and grab the couch~
Post a comment
Cancel Reply