Recent data show that traditional venture capital firms are starting to diversify their portfolios, increasing investment in cryptocurrency and blockchain projects.
Unsurprisingly, the ranking is led by companies that are directly spetsializiruyutsya on the blockchain-investments — however, the traditional venture investors are beginning to catch up.
500 Statrtaps and Andressen Horowitz have been showing strong interest in this market and rightfully in the top ten. The table also shows that the traditional venture capital allocates the risks, dividing investments between startups and specialized blockchain funds.
A list of such firms is headed by Boost VC — cryptocurrency among the 42 companies that make up 30% of their portfolio, there are Etherscan, and Coinbase — as well as venture Capital Polychain company specializing in the blockchain. Andrea Franco Curtains, CEO of Crypto Finance conference, compiled the table, says:
“Polychain Capital, the tenth in the list included in the portfolio of several leading investors. This suggests that some venture capital firms and investors want to capitalize on the growing cryptoamnesia, but I think that they don’t have the time or expertise for investment.”
Other famous names already out of the top ten is ZhenFund, Naval Ravikant, GV and Foundation Capital; they are also gradually increasing in the direction of the cryptocurrency in their portfolios.
The arrival of the traditional venture capital firms, increasing competition and shows that investors believe in the potential of the blockchain. Usually venture capital companies reduce the risk with the most diverse portfolio, which ensures consistency of income, and data show that the blockchain projects become less risky, or considered as very best.
Indeed, the fourth position in the list is an investment firm specializing in the blockchain Pantera Capital, which recently boasted a yield of 10 000% for the first five years of operation — if hedged risk, is a good income. Curtains adds:
“Sometimes investors are turning to new technologies, just wanting to add to a portfolio some risks”.
As mentioned, funds oriented to the blockchain, including Digital Currency Group (DCG) and the Blockchain Capital (BC) is the most active investor in the cryptocurrency markets: all 97 DCG investments relate to the blockchain, and BC is 58 out of 59.
And this is not surprising as earlier research has shown that more ICO is now carried out not openly, but in the form of a closed investment rounds.
Crypto Finance Conference used to construct table Crunchbase data, and then estimated the number of blockchain investments and traditional investments in the portfolios of companies, but, unfortunately, these data are not amounts.
Bloomberg reports that the ICO, once invented for small investors, and now are often conducted solely among the wealthy investment firms — as example is a Telegram.
ICO technology was intended to be the banner of decentralization, to change the whole scheme of our digital interactions — but buried in the ICO and venture capital paint a very different picture.
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