قالب وردپرس درنا توس
Home / Technology / Blockchain investment is still behind fintech despite a record campaign in 2018

Blockchain investment is still behind fintech despite a record campaign in 2018



The European blockchain technology companies had a record year in terms of VC investments in 2018 even though they were overshadowed by financing for technical firms.

According to Innovate Finance's "2018 FinTech VC Investment Landscape" report, the European blockchain and cryptocurrency industry witnessed a number of significant deals, but in particular, only four deals amounted to over $ 300 million.

Paxos provides blockchain solutions for financial institutions, including Bankchain, a settlement platform designed to transform post-trade operations across the capital markets. That raised $ 65 million in May.

Dfinity is a blockchain-based cloud computing project. It is registered as non-profit in Switzerland and runs research centers in California and Germany. Dfinity raised $ 65 million in August.

According to SEBA Crypto, SEBA seeks Crypto a bank that offers cryptocurrency services to companies and investors. It raised $ 1

03 million in September.

The head office in San Francisco, but with offices in Europe, is developing Bitfury software and hardware solutions to help organizations and individuals move assets over blockchain and shut down $ 80 million in November.

Blockchain behind in the UK

Further analysis shows that fintech companies such as Revolut and N26 proved to be more popular than blockchain among investors. In fact, challenging banks raised about $ 461 million over 7 deals.

This was followed closely by companies working in human resources and wealth management ($ 333.61 million) and alternative loans and finance ($ 306.64 million).