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Bitcoin Growth Outpaces the Internet's Early Growth by 25%
Jul. 27, 2015 09:34AM PST
Fintech Investing
International Business Times reports that the growth of bitcoin investment outpaces investment in the internet during its early stages bu almost 25%. According to the article: Venture capitalist investment in bitcoin startups is projected to be $786m (£506m) in 2015, compared with $639m in internet companies in 1996. Data gathered by CoinDesk and PriceewaterhouseCoopers (PwC) …
International Business Times reports that the growth of bitcoin investment outpaces investment in the internet during its early stages bu almost 25%.
According to the article:
Venture capitalist investment in bitcoin startups is projected to be $786m (£506m) in 2015, compared with $639m in internet companies in 1996.
Data gathered by CoinDesk and PriceewaterhouseCoopers (PwC) for the State of Bitcoin Q2 2015 report also revealed investment in bitcoin startups will double year-on-year from 2014.
The venture capital funding includes the $116m raised by the San Francisco-based 21 Inc in March, the most ever by a startup in the cryptocurrency sector.
Click here to read the full article on International Business Times.