{"id":369017,"date":"2019-01-26T11:00:49","date_gmt":"2019-01-26T11:00:49","guid":{"rendered":"https:\/\/wncen.com\/?p=369017"},"modified":"2024-06-11T07:43:44","modified_gmt":"2024-06-11T07:43:44","slug":"crypto-deals-dominate-vc-bitcoin-price-doesnt-tell-the-whole-story","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/crypto-deals-dominate-vc-bitcoin-price-doesnt-tell-the-whole-story\/","title":{"rendered":"Crypto Deals Dominate VC: Bitcoin Price Doesn’t Tell the Whole Story"},"content":{"rendered":"

While the world’s attention remains affixed to how Bitcoin price would fare in 2019, venture capitalists are already exploring opportunities beyond the digital currency.<\/p>\n

It becomes evident with January 23, 2019, a day which saw leading investors putting a combined total of $39 million across three blockchain startups. Nasdaq Ventures, for instance, led a Series B funding round to raise $20 million for Symbiont, a blockchain platform which caters to financial institutions. Andreessen Horowitz, at the same time, backed Anchorage, a San Francisco-based crypto custodian service, to raise $17 million in Series A. Meanwhile, AMINO Capital arranged a seed fund of $2 million to support AnChain.ai, a California-based blockchain security company.<\/p>\n

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Term Sheet is all blockchain deals today (with backers like @a16z<\/a>, @Citi<\/a>, @khoslaventures<\/a>, @naval<\/a>, and @mlevchin<\/a>) https:\/\/t.co\/9hTsFBI1tf<\/a><\/p>\n

— Polina M. Pompliano (@polina_marinova) January 23, 2019<\/a><\/p><\/blockquote>\n