Chinese Investors Lead Cryptocurrency and Blockchain Funding in the US

The Chinese Crypto Foray

In Silicon Valley, Chinese investment houses are often overlooked and substantially lack publicity, primarily due to small assets-under-management sizes and lower investment frequencies. In late-stage investment rounds, these funds are often lost to bigger investors, again, due to the lack of publicity and trust for their operations.

However, the largely-ignored crypto industry has opened new opportunities for Chinese investment houses, and as The Wall Street Journal reports, has enabled Chinese participation in over 40 percent of global venture financing, including increased activity in the U.S.

While Chinese citizens remain barred from investing and participating in cryptocurrencies and related activities, wealthy investors dominate 80 percent of the…