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Illustration of physical Bitcoin gold coin on United States dollar banknotes. Visual representations … [+] bitcoin digital cryptocurrency with the USD banknote. Bitcoin with the symbol BTC, XBT is a popular digital currency that has grown and is widely used, accepted by banks, markets and other services and stores as a means of payment. The exchange rate today for 1 bitcoin blockchain is US $ 34.588. On January 7, 2021, the price of Bitcoin crossed 40,000 for the first time and the next day, January 8, 2021, Bitcoin traded with an all-time high of $ 41,973, while the next day the price briefly traded. fell 26%, but reduced losses to trade. about $ 33,400, or $ 200 billion in trade value in the cryptocurrency market in 24 hours, according to U.S. financial media. Eindhoven, The Netherlands January 13, 2020 (Photo by Nicolas Economou / NurPhoto via Getty Images)
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The list of the biggest fundraising rounds in crypto history just had a new entrant near the top. Solana Labs, creator of Ethereum’s main competitor, Solana, has just received $ 314 million from several investors, led by Andreessen Horowitz and Polychain Capital. The millions raised by Solana Labs will be used to create a venture capital investment arm, a trading desk dedicated to the Solana ecosystem, and support the development of new decentralized applications with the aim of attracting more people to the market. blockchain and ultimately reach 1 billion users.
Of the 12 largest crypto investments in history, six were in 2021.
Circle: $ 440 million
Date of transaction: May 28, 2021
Notable Investors: Fidelity Management and Research Company, Marshall Wace, Digital Currency Group, FTX, Breyer Capital
Post-currency valuation: N / A
Previous valuation: $ 3 billion
The payment and treasury infrastructure provider best known as a leading developer of the $ 22 billion USDC stablecoin has raised $ 440 million from a large group of institutional and strategic investors. Circle’s platform has supported more than 100 million transactions by more than 10 million retail customers and more than 1,000 businesses, according to a statement. Circle also recently partnered with Visas VV + 0.2% to help network businesses settle transactions in USDC. During the past year, USDC supported more than $ 615 billion in transactions in May, an increase of over 28,000% in the past 12 months.
Bitmain: $ 422 million
Date of transaction: August 7, 2018
Round VC: B1 Series
Notable Investors: Crimson Capital China, Bluebell (Asia), Jumbo Sheen Group, Lioness Capital, Palace Investment Company, Pavilion Capital
Post-currency valuation: $ 15 billion
Previous assessment: $ 12 billion
The world’s leading manufacturer of bitcoin mining hardware, Bitmain also operates Antpool, one of the major bitcoin mining pools, accounting for 13% of the bitcoin network’s hash, or computing power. Shortly after the capital increase of $ 422 million, the Beijing-based company filed for an IPO on the Hong Kong Stock Exchange in September 2018, but the offer failed amid the bitcoin and market crash. cooling of the market.
BlockFi: $ 350 million
Date of transaction: March 11, 2021
Round VC: D Series
Notable Investors: Bain Capital Ventures, DST Global Partners, Pomp Investments, Tiger Global, Susquehanna Government Products
Post-currency valuation: $ 3 billion
Previous assessment: $ 435 million
Founded in 2017, New Jersey-based BlockFi is now a leading cryptocurrency lending provider. Its products cover several categories, including crypto-backed loans and interest-bearing accounts through which investors can earn interest on their crypto holdings. Rumors of a potential BlockFi IPO started circulating last July following announcements of a job opportunity, part of which involved helping the company go public.
Solana Laboratories: $ 314 million
Date of transaction: June 9, 2021
VC Tour: Sale of Private Placement Tokens
Notable Investors: Andreessen Horowitz, Polychain Capital, Alameda Research, Blockchange Ventures, CMS Holdings.
Post-currency valuation: N / A
Previous rating: N / A
Solana is a proof-of-stake blockchain challenger for blockchain leader Ethereum. The Solana team says blockchain offers both scalability and speed. Solana is capable of processing over 1,000 transactions per second (TPS), while Ethereum handles around 14 TPS, according to blockchair data. To date, Solana has facilitated over $ 19 billion on-chain transitions and is home to a range of decentralized products, including Serum, a decentralized exchange founded by billionaire FTX founder Sam Bankman-Fried.
Dapper Labs: $ 305 million
Date of transaction: March 30, 2021
VC tour: 5th lap
Notable investors: Coatue Management, Andreessen Horowitz, Michael Jordan, Kevin Durant
Post-currency valuation: $ 2.6 billion
Previous rating: N / A
The Vancouver-based startup is best known as the developer of NBA Top Shot, an NFT marketplace for highlights or highlights of basketball videos. The project, which has already passed the $ 500 million mark in transaction volume, is largely responsible for the boom in non-fungible tokens (NFTs), essentially digital proof of ownership traceable on a blockchain. Previously, Dapper Labs developed a popular Ethereum set of repeatable collectibles called CryptoKitties.
Blockchain.com: $ 300 million
Date of transaction: March 24, 2021
Round VC: C Series
Notable Investors: DST Global Partners, Lightspeed Venture Partners, VY Capital
Post-currency valuation: $ 5.2 billion
Previous valuation: $ 3 billion
Blockchain.com provides a variety of crypto services to retail and institutional clients, but is best known for its non-custodial digital wallets. Unlike their third-party controlled counterparts, these wallets give users full control over their private keys which represent the ownership of crypto assets. The London-based company claims to have processed 28% of all bitcoin transactions since 2012.
Bakkt: $ 300 million
Transaction date: March 16, 2020
Round VC: Series B
Notable investors: Intercontinental Exchange (ICE), BCG Digital Ventures, PayU
Post-currency valuation: N / A
Previous rating: N / A
In February 2020, the crypto firm ICE (the owner of the New York Stock Exchange) announced the acquisition of Bridge2 Solutions, a loyalty program provider, to power Bakkts’ one-stop retail platform. Called the Bakkt App, the service allows users to bundle various digital assets, including loyalty points, rewards programs, gaming assets, and cryptocurrencies, all in one wallet. In January, Bakkt announced its IPO via a PSPC merger with VPC Impact Acquisition Holdings for an enterprise value of approximately $ 2.1 billion. Upon close of trading in the second quarter of 2021, the combined company will be listed on the New York Stock Exchange as Bakkt Holdings, Inc.
Coinbase: $ 300 million
Date of transaction: October 30, 2018
Round VC: E Series
Notable Investors: Tiger Global Management, Andreessen Horowitz, Government of Singapore Investment Corporation (GIC), Polychain Capital
Post-currency valuation: $ 8.04 billion
Previous assessment: $ 1.71 billion
On February 25, the largest cryptocurrency exchange in the United States requested a direct listing on the Nasdaq NDAQ exchange. Coinbase was valued at $ 68 billion, based on recent deposits. On March 19, the company was fined $ 6.5 million by the Commodity Futures Trading Commission (CFTC) for allegations of false trades and wash trades between 2015 and 2018 on its GDAX platform, later renamed Coinbase Pro. The direct stock exchange listing went online on April 14 under the symbol COIN.
Bitmain: $ 292.7 million
Date of transaction: June 19, 2018
Round VC: Series B
Notable investors: Sequoia Capital, Coatue Management, China Taijia, Blue Lighthouse Services
Post-currency valuation: $ 12 billion
Previous assessment: $ 100 million
Bitmain, the world’s largest maker of bitcoin mining hardware and operator of Antpool, has led two record-breaking venture capital fundraisers, earning it second and ninth places on this list.
Name: $ 250 million
Date of transaction: May 5, 2021
Round VC: C Series
Notable investors: Coatue, Tiger Global, Paradigm, Valor Capital Group, QED, Pantera Capital.
Post-currency valuation: $ 2.2 billion
Previous rating: N / A
Founded in 2014, Mexico City-based Bitso is Latin America’s largest cryptocurrency platform. It offers several crypto products and services to over 2 million customers in Mexico, Argentina and Brazil. These include the Bitso application which allows users to buy, sell, send or receive bitcoins and 8 other cryptocurrencies; Bitso Alpha, a professional level crypto trading platform; and Bitso Business, a cross-border product suite for local businesses. Bitso claims to have over 95% crypto market share in Mexico and over 60% market share in Argentina.
Hangzhou Qulian Technology: $ 235 million
Date of transaction: June 4, 2018
Round VC: Series B
Notable Investors: Xinhu Zhongbao Company, China Gaoxin Investment Group, State Development and Investment Corporation
Post-currency valuation: $ 470.25 million
Previous assessment: $ 40.33 million
Qulian Technology provides blockchain products to major Chinese organizations and institutions, including the Ministry of Industry and Information Technology, State Administration for Market Regulation, State Grid, and local governments. Its one-stop-shop open-service BaaS platform, FiLoop, is used by some of China’s largest banks, including China Construction Bank, Agricultural Bank of China and China Merchants Bank, according to the company. Qulian Technology partners also include Google GOOG and Microsoft MSFT
Bithumb: $ 200 million
Transaction date: April 19, 2019
VC round: 2nd round
Notable Investors: Vidente, ID Ventures (South Korea), ST Blockchain Fund
Post-currency valuation: N / A, valued at $ 888.27 million as of January 2021
Previous assessment: $ 868.42 million
In September 2020, the Seoul Metropolitan Police Agency reportedly raided the offices of one of South Korea’s largest crypto exchanges over allegations of fraud, linked to a token sale of $ 25 million that failed to materialize. never materialized and resulted in losses for investors.
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