Korean cryptocurrency exchange Bithumb’s once-massive $200 million round from 2019 was knocked off the list entirely. With more than half of these fundraising rounds occurring in 2021, investment in crypto companies and products is rapidly growing. Ledger: $380 millionDeal date: June 10, 2021VC round: N/ANotable investors: 10T Holdings, with Cathay Innovation, Draper Esprit, Draper Associates, Draper Dragon, DCG. The company has integrated with platforms like Coinify, a crypto payments and exchange platform; Changelly, a crypto exchange; and Compound, a decentralized crypto borrowing and lending platform. Bitso: $250 millionDeal date: May 5, 2021VC round: Series CNotable investors: Coatue, Tiger Global, Paradigm, Valor Capital Group, QED, Pantera Capital.
Source: Forbes June 13, 2021 12:22 UTC