Investors deposited more than $ 6 billion in 10 crypto companies in 2021. A figure that shows that the year that is about to end has been the consolidation of investments in companies in the crypto industry. During 2021, only 10 companies received more than 6,000 million dollars from the main investment funds, banks and insurance companies in the world. Like MassMutual, Morgan Stanley, New York Life, Sequoia Capital, Blossom Capital, Thrive Capital, Paradigm or Andreessen Horowitz.
Investors of crypto companies
NO. This company for the sale and custody of bitcoins obtained 1,000 million in a financing round, valuing the company at more than $ 7 billion. The operation, led by WestCap, featured the participation of Bessemer Venture Partners and FinTech Collective. Other existing investors were: Affirm, FIS, Fiserv, MassMutual, Morgan Stanley and New York Life. The company made 200 million last March in another round led by Morgan Stanley, New York Life and MassMutual. A month later, he raised another $ 100 million. At the moment, NYDIG is the crypto company that has managed to raise the most money in a single round. The previous one was that of the FTX exchange, held in July this year.
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FTX. The exchange run by Sam Bankman-Fried raised more than $ 1.49 billion this year and, according to some publications, could be looking to raise another 1.5 billion, which would value FTX at $ 32 billion. Headquartered globally in the Bahamas, the two-year-old exchange is valued at $ 25 billion. The latest round of more than $ 400,000 took place in October. Some FTX investors are: BlackRock, Tiger Global, Temasek, Sequoia Capital, Sea Capital, IVP, ICONIQ Growth, Ribbit Capital or Lightspeed Venture Partners
MoonPay. The cryptocurrency trading platform raised $ 555 million in a funding round last November. It featured investors Blossom Capital, Thrive Capital, Paradigm and NEA. Valuing the company at $ 3.4 billion.
Circle. This financial services company, responsible, together with Coinbase, of the USDC stablecoin, raised this year 440 million dollars in May from Fidelity Management and Research Company, Marshall Wace, Willett Advisors, Intersection Fintech Ventures, Atlas Merchant Capital, Digital Currency Group, FTX, Breyer Capital, Valor Capital Group, Pillar VC, as well as Michael J. Price and Friends.
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Gemini. The cryptocurrency exchange of the famous Winklevos twins raised $ 400 million last November, valuing the company at more than $ 7 billion. The brothers will use the money to build experiences in different metaverses. The round was led by Morgan Creek Digital and featured participation from 10T, ParaFi, Newflow Partners, and Marcy Venture Partners, to name a few.
Anchorage. The cryptocurrency bank owned by Visa closed a $ 350 million financing round last December. Which raises its valuation by more than 3,000 million dollars. The operation, led by KKR, one of the large investors, also included the participation of Goldman Sachs, Alameda Research, Andreessen Horowitz, Blockchain Capital, PayPal and Kraken, among others.
Fireblocks. In July, this blockchain infrastructure provider and cryptocurrency custodian raised $ 310 million in strategic investments.In March, the company had already raised another 133 million, raising its valuation by $ 2 billion. BNY Mellon, Silicon Valley, Bank Coatue, Ribbit and Stripes were some of the investors.
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Bank of America
Paxos. The company that, together with Coinbase, has turned to Facebook to launch its Novi digital wallet in the United States and Guatemala, obtained financing worth 300 million dollars in July. Bank of America (BoA), Coinbase Ventures, Founders Fund, PayPal and FTX were some of the names that participated in the round. Paxos then announced that it had raised more than $ 540 million in external funding. The company is valued at more than $ 2.4 billion. BoA joined the Paxos Blockchain Stock Settlement Network in May.
BitDAO. Decentralized Autonomous Organization (DAO) raised more than $ 230 million to drive DeFi adoption around the world. The organization is one of the largest digital asset funds governed in a decentralized manner. The round was led by the Founders Fund company, owned by Peter Thiel, co-founder of Paypal. Pantera Capital, Dragonfly Capital, Spartan Group, Jump Capital. BitDao also had the collaboration of Bybit, promoter of the DAO and one of the largest exchanges of derivatives of cryptocurrencies.