Data: The level of venture capital investment in the crypto field remains stable in 2019, but the total amount has dropped by 34%

CB Insights released a report showing that the level of venture capital investment in the crypto sector remained stable in 2019, but the total amount fell by 34%, because the cryptocurrency sector did not have too many large and late-stage venture capital in 2019 compared to 2018. . The total number of venture capital investments in 2019 was 807, a decrease of 15 times compared to 2018, but the total transaction amount decreased by 34%, from US $ 4.2 billion in 2018 to US $ 2.8 billion. The report also stated that the decline in the total amount of venture capital investment in the crypto field was due to the lack of investment in large-scale financing.In 2018, there were USD 400 million equity financing of Bitmain, USD 300 million of Series E financing from Coinbase, and USD 240 million of Series B of Hyperchain. Large-scale late-stage financing such as financing. In 2019, the largest amount of financing in the crypto space came from Ripple’s $ 200 million financing, followed by Blockchain housing credit company Figure’s $ 100 million Series C financing. At the same time, the report also shows that in the past four years, the venture capital sector has mainly shifted from the United States to China. From 2015 to 2019, the venture capital transaction in the US’s crypto sector has decreased by 20%, while China has increased by 20%. . CB Insights fintech analyst Alex Kern said, “The decline in total funding in 2019 does not represent a deterioration in the health of the industry, as young companies are raising funds and larger companies are not seeking more financing.”