Investor interest in crypto startups is growing

Published: 28.09.2021 Related countries:  U.S.A. U.S.A.

Crypto currency start -ups are becoming more popular with large investors in 2021.

The boom in investment in crypto currency start-ups is spreading rapidly in the global market. The daily E15 reports, that since January 2021, start-ups in the industry have received over USD 14bn from investors. For the whole of 2020, it was less than USD 4bn.

Larger players who are willing to take risks, most often bet on new crypto projects. Cyrrus portfolio manager Tomáš Pfeiler said, that the extremely relaxed monetary policy of central banks forces investors to look for alternative assets. He added that many investors considering participating in crypto projects would consider them absurdly risky only a few years ago.


Text prepared by the team of employees of CzechTrade Chicago.