RATE Group | Cryptocurrency data and infrastructure providers have raised $286M in funding since 2014
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Cryptocurrency data and infrastructure providers have raised $286M in funding since 2014

24 May Cryptocurrency data and infrastructure providers have raised $286M in funding since 2014

Posted at 20:46h in Cryptocurrency News by

Cryptocurrency data and infrastructure startups have raised over $286M in venture funding from 2014 to 2019.

As noted in The Block Research’s State of the Digital Asset Data and Infrastructure report, this funding is spread across 44 venture deals, $47.8mm per year and $6.5mm per deal. 2017 saw a 1,183% increase in venture funding from the prior year. Between 2017 and 2017, the data and infrastructure sector in the cryptocurrency industry saw a 33% compound annual growth rate.

© 2020 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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