Traditional VCs are finally investing in cryptocurrency and blockchain startups

Recent data suggests traditional venture capital (VC) firms are gradually starting to diversify their portfolios, investing in more cryptocurrency and blockchain projects than ever before. Not surprisingly, VC firms specializing in funding blockchain projects top the list. But traditional VC firms are slowly starting to catch up, making cryptocurrency-based investments a larger portion of their portfolios. Household names like 500 Startups and Andressen Horowitz have made the top 10 after showing continued interest in funding blockchain projects. The study – put together by Crypto Finance Conference and exclusively shared with Hard Fork – highlighted how traditional venture capitals are spreading…

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https://ift.tt/2AXjp0i Matthew Beedham August 09, 2018 at 09:00AM