RATE Group | The Story Behind the Explosive Growth of Crypto Funds
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The Story Behind the Explosive Growth of Crypto Funds

28 Sep The Story Behind the Explosive Growth of Crypto Funds

Posted at 22:36h in Cryptocurrency News by

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The explosive growth of crypto funds is a compelling story, especially when you consider that the concept has only been around for six years. Today, crypto funds have become the engine powering the thriving crypto industry. Compared to the 224 funds launched in 2017, 2018 showed unprecedented growth as 239 new crypto funds entered the fray. 

However, many have projected that the number will drop in 2019. Yet, according to proprietary research by Crypto Fund Research, there are reasons to believe that the crypto fund industry will continue to make strides, even as the crypto market recovers from a grueling bearish run.

As expected, the rise of crypto funds has directly impacted the crypto space, with several talking points trailing its emergence as a crucial part of the crypto economy. 

Crypto funds are typically crypto hedge funds or venture capital funds

According to the same research, the 812 crypto funds presently operating across the world comprises of 369 crypto hedge funds and…

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