RATE Group | Number of Israeli Blockchain Companies Grew by 32% in 2019
74013
post-template-default,single,single-post,postid-74013,single-format-standard,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

Number of Israeli Blockchain Companies Grew by 32% in 2019

31 Dec Number of Israeli Blockchain Companies Grew by 32% in 2019

Posted at 10:06h in Bitcoin News by

[ad_1]

Number of Israeli Blockchain Companies Grew by 32% in 2019

Despite the harsh market conditions this year, high profile closures of a few ventures and a lot of employee downsizing, the number of companies operating in the blockchain and cryptocurrency fields in Israel actually grew by 32% in 2019.

Also Read: Bankrupt DX Exchange Didn’t Pay Israeli Suppliers and Employees

Israeli Blockchain Industry Survives Crypto Winter

As of December 2019, 150 active blockchain and crypto companies are operating in Israel, an increase of 32% compared with only 113 companies at the end of 2018. This is according to a survey by the Israeli Bitcoin Association which was first reported by local financial newspaper Globes.

The 2019 growth rate is a moderate figure compared to the strong growth seen in 2018, when the number of Israeli companies operating in the sector more than doubled, increasing by 113% from just 53 companies at the end of 2017. The situation in the blockchain field this year was also tame in comparison to the…

[ad_2]

Source link

Tags:
, , , , , ,