In October, the amount of blockchain financing exceeded 2.13 billion yuan, a month-on-month increase of 169.6%, but the winter of domestic capital continues
Author: Mutual Chain Pulse·Liangshan Huarong
In October, the signs of coldness in domestic blockchain financing have not yet improved.
According to the incomplete statistics of the inter-chain pulse, in October 2018, a total of 29 financings were obtained in the global blockchain field, with a total financing amount of more than 2.13 billion yuan, a month-on-month increase of 169.6%. Originated from overseas.
In October, the amount of global blockchain financing increased significantly, mainly due to the Swiss start-up company SEBA Crypto AG financing 100 million Swiss francs (about 720 million yuan) to build a cryptocurrency bank and the US MIT blockchain project Algorand received 62 million million (approximately RMB 430 million) in financing, and the financing amount of the two accounted for 54% of the total blockchain financing in October, accounting for almost half of the country.
However, the capital winter of the domestic blockchain is still going on.
According to Interchain Pulse statistics, among the 29 financing events in October, domestic blockchain projects accounted for 65.5%, but only 7 of them had a financing amount of more than 10 million yuan, and the highest single financing amount was only 293 million U.S. dollars (approximately RMB 20.42 million).
Domestically, capital focuses on content, media, and rating agencies. In October, Blockchain Media Encryption Valley and Qiankrypton Finance and Economics received 20 million yuan and 10 million yuan in financing respectively, while COMC Community Chain, which focuses on content communities, and TokenInsight, a rating agency, also successively received millions of dollars in financing , in China, these have been regarded as projects with a large amount of blockchain financing in October.
It is worth noting that in the blockchain financing event in October, finance and blockchain tool services are still the most favored areas of capital.
According to inter-chain pulse statistics, in October this year, the financing amount of blockchain projects in the financial industry reached 896 million yuan. In addition to the Swiss start-up company SEBA Crypto AG financing 720 million yuan to build a cryptocurrency bank, the United States is committed to solving SMEs. Veem, which faced the problem of environmental payment, also won a financing of 25 million US dollars (about 176 million yuan).
The number of projects providing blockchain tool services is not only the largest, but also the amount of financing is second only to the financial industry, reaching 647 million yuan, accounting for 30.4%.
In fact, whether domestic or overseas, projects that provide blockchain tool services have always been hot spots for investment. According to the statistics of the Interchain Pulse Research Institute, among the investment and financing events in October, there were 3 and 2 domestic and overseas blockchain tool service financing events respectively. The difference is that the domestic blockchain tool service project single financing The highest amount is only 4 million yuan, while the US Algorand project and the Israeli company StarkWare Industries have financing amounts as high as 430 million yuan and 210 million yuan respectively.
In addition, the field of digital currency exchanges is still favored by capital. In October, Swiss exchange MoonX and Bithumb, one of South Korea’s largest digital currency exchanges, raised $27 million and $10 million, respectively.
