The cryptocurrency will attract $ 30 billion in market capitalization in 2021, more than last year.
Global investors have invested around $ 30 billion in cryptocurrency this year, more than last year combined.
According to industry data collected by PitchBook Data Inc, this is nearly four times the data surpassed by around $ 8 billion in 2018.
This $ 30 billion includes funding from major players such as Robinhood Markets and Revolut. According to data from PitchBook, financial giants over $ 1 billion in cryptocurrency this year also set new records, quadrupling previous data in 2018, totaling around $ 7.2 billion.
For example, the FTX crypto derivatives exchange completed a $ 1 billion Series B round of funding in July, bringing its value to $ 18 billion. The New York Digital Investment Group raised $ 1 billion in mid-December, increasing its value to over $ 7 billion. Forte, the company that provides the blockchain integration to the advertising platform, secured a $ 725 million grant in November. In March of this year, CryptoKitties' NFT platform Dapper Labs raised $ 350 million from investors, including sports superstar Michael Jordan, bringing its value to $ 2.5 billion. Crypto payment infrastructure provider MoonPay finalized a $ 555 million funding round at the end of November, bringing its value to $ 3.4 billion. In October, Axie Infinity developer Sky Mavis raised more than $ 150 million in funding for the online cryptocurrency game, bringing its value to $ 3 billion.
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