Bitcoin startup boom, raising $1.20 billion so far in 2021
The bitcoin startup boom is booming, with fundraising skyrocketing 767% since 2021, according to @trammellvc.
- Early "Bitcoin native" project financing has surged, raising $1.20 billion in 2021 to date (although down 22% in 2024).
The scale of Series A financing increased by 60% last year, indicating that the project is gradually maturing.
But Bitcoin projects account for only 2.34% of total crypto VC investment, a serious imbalance with its 63% market dominance.