In 2021, the cryptocurrency industry attracted venture capital investments of $30 billion, Bloomberg writes. This is more than was invested for all the years of the sector’s existence. How the market has changed Previously, 2018 was considered a record year, for which the crypto industry attracted about $8 billion of investment.

Blockchain Capital general partner Spencer Bogart explained that the cryptocurrency market has grown significantly in recent years and is no longer limited to one bitcoin. Bogart recalled the emergence of the decentralized finance sector (DeFi), the decentralized gaming industry (GameFi), non-fungible tokens (NFT) and other cryptocurrency trends. The emergence of new use cases for digital assets is attracting the attention of investors, Bogart added.

Large holders

As of December 2021, software developer Microstrategy is considered the largest holder of bitcoin among publicly traded companies. The company has accumulated 122,500 BTC worth more than $5.6 billion (based on the current exchange rate as of 12:30 MSC on December 20), according to Bitcoin Treasuries. The last time Microstrategy bought cryptocurrency was on December 9. In second place among bitcoin holders is the manufacturer of electric cars Tesla. The company owns $43.2 thousand BTC, the value of which is more than $1.9 billion. The third place is occupied by Jack Dorsey’s payment company Square, which owns 8 thousand BTC worth about $368 million.

Last week it became known that five members of the U.S. Congress invested in the crypto market. In early December, Grayscale Investments presented the results of its own survey, according to which 26% of American investors already own bitcoin.