PUBLICATIONS

News - 19/08/2022

Venture Capital investment in cryptocurrency companies reaches US$ 17.5 billion

Despite the significant downward cycle of cryptocurrencies in the last period, Venture Capital investments in Brazil continue to grow in relation to these crypto assets, even though current conditions are not as favorable as in 2021, when Bitcoin reached its peak.

A survey carried out by PitchBook found that, in the first half of this year alone, VC’s invested around US $17.5 billion in startups in this sector.

From the point of view of investors, despite the volatility of the market, confidence in technologies associated with crypto assets and their potential for the market is valued.

The receipt of wages, growth of pay-to-earn games and the growing investment of brands in the metaverse and in NFTs are some examples of the possibility of using technologies associated with cryptocurrencies in the market.