10 Apr '15, 4pm

State of Bitcoin Q1 2015: Record Investment Buoys Ecosystem

State of Bitcoin Q1 2015: Record Investment Buoys Ecosystem

State of Bitcoin Q1 2015 from CoinDesk CoinDesk is pleased to announce the latest quarterly State of Bitcoin report, sponsored by Gem.co , a bitcoin platform for developers. This article runs through some key findings from the new report, which focuses on events in the bitcoin ecosystem since the beginning of 2015. All-time bitcoin startup VC investment reaches $676m The first quarter of 2015 saw a record-breaking amount of venture capital invested in bitcoin startups: $229m. Q1's deal activity was led by 21 Inc and Coinbase , companies that received $116m and $75m respectively. These are the two largest bitcoin investment rounds made to date. With a funding total of $121m, 21 Inc has now surpassed Coinbase as the best-capitalized startup in bitcoin. However, very little information is available about the firm beyond its confirmation that it meets the definition of a 'univ...

Full article: http://www.coindesk.com/state-of-bitcoin-q1-2015-record-i...

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