A glance at the world map of crypto investment institutions
Original author: angelilu, Foresight News
Original author: angelilu, Foresight News
Written at the top: At a certain weekly meeting about two months ago, everyone slapped their heads on the table and dug a deep hole to sort out the information database of investment institutions and project entities in the entire encryption industry. Suffering weekends and nights, and traded an unknown number of hairs for semi-permanent dark circles.
And it was on a dizzy night when I was recording information, I suddenly realized that there seemed to be some interesting information that could be dug up from the more than 3,000 organizations included, so this unserious article Crypto VC Industry Panoramic Report.
In this report, there is no common market size, nor the amount of VC investment, and there is not even much in-depth research related to investment project preferences. It is more about some relatively shallow but possibly related to traditional research in the process of collecting information. The data of "Tuyile" with a different perspective in the industry analysis report.
Therefore, don’t be too serious, change your attitude and perspective, and re-understand the world map of investment institutions in the encryption field.
Regional distribution of institution registration
Not surprisingly, this is the most serious picture in the entire article. Among the more than 3,700 investment institutions included, we have counted clear registration information for about 2,700 institutions, and produced a global investment report as of August 2022. Distribution map of investment institutions in the crypto field within the scope.
Unsurprisingly, North America has an absolute advantage. There are 1,235 institutions registered in the United States, accounting for 33% of the total. There are also familiar giants, including Andreessen Horowitz (a16z), Coinbase Ventures, AU21 Capital, Spark Digital Capital, CMS Holdings, Digital Currency Group, Dragonfly Capital, Pantera Capital, and Sequoia Capital, among others. Other popular registration countries or regions are the United Kingdom, Singapore, China, Hong Kong and South Korea.
This distribution has a very obvious correlation with the regulatory attitudes of various countries and regions around the world. According to the data and charts of Comply Advantage, the following figure shows the regulation of exchanges, ICOs and related regulations by countries around the world at the end of 2021 Trend, the depth of the color represents the strictness of supervision:
Comparing the two pictures, taking North America as an example, the two largest countries in North America, the United States and Canada, tend to be stricter in terms of encryption regulation. Canada will prohibit encryption exchanges and ICOs, and will also have corresponding regulations. In comparison, the United States is more relaxed. Although there will be regulations and regulations, both encrypted exchanges and ICOs are in gray areas. Two North American countries with little difference in size, under different supervision, the United States has as many as 1,235 investment institutions, while Canada has only 66.
Similarly, Switzerland, which has stricter encryption regulation in Europe, has only 59 encryption investment institutions, and the relatively loose UK has 163. Among Asian countries, Singapore has become the country with the largest number of encryption investment institutions in Asia due to its relatively friendly supervision, with 149 institutions, accounting for 4.1% of the world.
Established
Since the institutions included in the Wiki include a considerable number of traditional institutions involved in the encryption field, there will be some interference items if simply counting the establishment time of the institutions, so here I directly exclude about 700 institutions in the included projects that were established earlier than 2013 , resulting in the distribution of the establishment time of the remaining institutions.
It can be seen that although investment institutions in the encryption field have begun to appear in the past few years from 2013 to 2016, the number of establishments each year has maintained a steady growth of 100 or less than 100. In 2017, the market has undergone earth-shaking changes. There are as many as 264 crypto investment institutions established in one year, and the number of institutions established in 2018 also reached 230. The year-long bear market in 2018 cooled the market in 2019, but the number of institutions established that year still exceeded With the market picking up again after 2020, this growth momentum has returned in the past two years.
about investment
Among the included institutional entities, there are 3,600 entities with investment records in the encryption field, but more than half of the investment institutions have participated in no more than 5 projects in the encryption field, and the proportion of institutions with less than 25 investment projects even exceeds 90%. Although this data may be higher than the real situation due to the lack of included information, we can still think that the number of institutions that are really active in the encryption field is far lower than the total number of 3,700 included. The number of active institutions may be Only a fraction of that total or even less.
In order to eliminate interference items and dig out more valuable information from them, I made a simple and crude choice. I did not choose one tenth, that is, 300 companies, or even 100 companies, but only selected Wiki Selected The portfolios of the top 30 institutions in the list were simply sorted out, but some interesting information was also obtained.
These 30 institutions made a total of 2,543 investments in 1,317 projects, of which 637 projects were invested by two or more institutions. The most frequently invested projects that appeared in this extremely small sample were Jambo and LayerZero Labs, both of which received investment from 9 of the 30 institutions, while Orderly Network, Lido, Coin98 Labs, and 1inch Network each received 8 of them institutional investment.
As the project with the most votes, Jambo really seems to have a nei taste of "ensuring that Web3 happens on the African continent". Both of Jambo's two financings occurred in 2022. Although it is a start-up company, its financing lineup is very strong, and it can also be seen that top institutions attach importance to the African market.
LayerZero Labs is believed to be familiar to everyone. LayerZero Labs is the development team of LayerZero, a full-chain interoperability protocol. LayerZero will start construction in the first quarter of 2021. Currently, it has launched networks such as Ethereum, Avalanche, Polygon, BNB Chain, Fantom, Arbitrum, and Optimism. In the future, it will explore functions such as unified governance on the chain, cross-chain lending, and integration of GameFi.
Brief introduction of other listed projects:
Orderly Network: It is a decentralized trading infrastructure.
Lido: is a liquidity staking solution for Ethereum, Solana, Polkadot, Polygon, and Kusama.
Coin98 Labs: DeFi product builders who focus on creating and developing DeFi protocol ecosystems and multi-blockchain applications, focusing on creating and developing DeFi protocol ecosystems and multi-blockchain applications. And DeFi product builders who develop blockchain applications DeFi protocol ecosystem, applications on multiple blockchains.
1inch Network: 1inch is a DEX aggregator that selects the cheapest transaction link among multiple decentralized exchanges for transactions.
social media information
Twitter Followers
Since there are many top giants in the Internet era such as Twitter and Microsoft among the main investment institutions, they did not expect too much from this list, but the result was really unexpected. Although institutions that are native or only focus on the encryption industry are the latest wave of investment forces, their popularity may not be as high as the world's major asset management giants, but what is interesting is that among the institutions that have been counted, the number of Binance Twitter followers directly ranks among the top three, It surpassed the game giant Ubisoft, and almost doubled that of Sony (everyday, friends who shout Sony Dafa are good friends, come on), and Coinbase Ventures also ranked sixth.
At least in terms of the number of Twitter fans, it seems that the top streamers in the encryption industry have indeed shown their strength to wrestle with the Internet giants.
LinkedIn followers
However, this data has returned to our "expected" level on a platform like LinkedIn, where the social attributes are weakened and the workplace attributes are enhanced. Among all the institutions that have been counted, Binance and Coinbase Ventures, which rank the third and sixth in the number of Twitter fans, only rank 35th and 30th in the number of LinkedIn fans, while the number of fans can rank among the top 50 "encrypted natives". "There are only five institutions and entities.
Number of LinkedIn registered employees
Among the top 100 organizations with LinkedIn employees, there are only 6 encryption-native institutions and enterprises. As shown in the figure, the number one is Block, which is also the only institution with more than 100,000 employees.
However, we need to remind here that since LinkedIn’s workplace information does not require certification, we found a lot of intentional or unintentional mistakes in the process of collecting information. For example, we can often find many in the employee lists of leading organizations in the industry. The team members of the project party, perhaps out of the consideration of obtaining more "strange exposure" opportunities, do not rule out the possibility of deliberately linking personal information to the head organization, so the specific number of employees is not clear. Inaccurate, it can only be used as a reference for Figure Yile.
the art of naming
As far as the names of investment institutions are concerned, there are 72 institutions starting with Arabic numerals. Among the institutions starting with AZ among the 26 English letters, the number of institutions beginning with S is the largest, 349. Of course, the adoption rate of names starting with A, B, and C is still very high. After all, this kind of name can generally "take the lead" in the address book list, and affected by the spelling habits of words, organizations starting with X The smallest number, only 19.
