Funding for global blockchain companies hit a record $6.6b in September quarter

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Funding for global blockchain companies hit a record $6.6b in September quarter


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FILE PHOTO: Representations of cryptocurrencies including Bitcoin, Dash, Ethereum, Ripple and Litecoin are seen in this illustration picture taken June 2, 2021. REUTERS/Florence Lo/Illustration/File Photo

The total amount of funding for global blockchain companies hit a record $6.586 billion in the September quarter, almost double of that raised in all of 2020, according to market intelligence platform Blockdata.

In 2020, a total of $3.80 billion was raised by blockchain companies. The fund raised in the June quarter was also at an all-time high.



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