(2021-07-14) CB Insights Blockchain Funding Is At An All-time High - Here's What's Driving The Boom

CB Insights Research: Blockchain Funding Is At An All-Time High — Here's What's Driving The Boom. Investors poured more money into blockchain companies in H1'21 than they did over the course of any full year in history

driving big deals for companies focused on crypto wallets, exchanges, and enterprise applications.

Watch for more fintech companies and incumbent financial institutions to start offering crypto trading, wallet, and custody services

Expect more enterprise blockchain solutions to emerge that are focused on infrastructure for developers and businesses.

Anticipate strong funding growth for blockchain applications outside of crypto and financial services. These include gaming platforms and token-based economies, data management and storage for media and entertainment, and marketplaces for digital collectibles and non-fungible tokens (NFTs).

Key drivers of blockchain funding include:

Consumer demand for crypto

Institutional demand for crypto