bitcoinBTC/USD
$ 19,734.40
ethereumETH/USD
$ 1,126.59
tetherUSDT/USD
$ 1.00
cardanoADA/USD
$ 0.454777
xrpXRP/USD
$ 0.320044
usd-coinUSDC/USD
$ 1.00

Crypto Investments in Europe Get to Record-Breaking Numbers

Crypto Investments in Europe Get to Record-Breaking Numbers

European crypto firms in Q4 of 2021 reach record-breaking numbers of €793 million (roughly $925 million), as reported by Dealroom, the analytics platform. 

Q4 Investments on the Lead 

Crypto investments in Europe have surpassed Q1 at the beginning of Q4. The last record marked was that of 2021 Q1 as crypto companies earned €715 million (roughly $834 million) by signing 25 deals.

Big names like MoonPay, Celsius Network, Elliptic have played a significant role here, and the last record was beaten with merely six deals.

If things go on like this, the Q4 investments will meet even greater records, according to analysts.

MoonPay and Celsius Network 

MoonPay, as mentioned before, is among the most important factors that assisted in the fourth quarter’s new records. This company allows its credit card users to purchase crypto easily on OpenSea, Bitcoin.com, Abra, ZenGo, Spot, and Trust Wallet. 

This investment company has over 5 million users and more than 80 digital assets and raised a total of $400 million, with a $3.4 billion valuation, during the first funding round. The funding round was led together with Tiger Global Management and Coatue Management. 

The Celsius Network Investments is another firm that reached $400 million worth of investments recently. This network is the global place where one can earn and borrow crypto. Its fundraising round was led together with WestCapand CDPQ, where the company’s net worth reached $3.25 billion. 

Other Q4 Contributors

Elliptic, a London-based Blockchain analytics business, also raised $60 million in their most recent Series C fundraising round. The fund was co-led by VC firm Evolution Equity Partners and SoftBank Vision Fund 2. 

Part of this round were also other investors, like AlbionVC, Digital Currency Group, Wells Fargo Strategic Capital, SBI Group, Octopus Ventures, SignalFire, and Paladin Capital Group that supported it. 

SheeldMarket and Paladin, companies based in France, also contributed to the overall record numbers, as they received investments totaling $12.6 million in October 2021.

Also Read: Major Australian Pension Fund to Embrace Crypto Investments

 

Also read:

Related News

In order to share their doubts about the industry, the first anti-crypto conference attendees are hoping to get a word with officials from the government.

Crypto Policy Symposium 2022: The First Anti-Crypto Conference

In order to share their doubts about the industry, the first anti-crypto conference attendees are hoping to get a word with officials from the government. Critics of the industry and doubters have joined together to host their own anti-crypto conference where they can express their doubts and connect with legislators in the midst of the most recent crypto bear market. The Crypto Policy Symposium promises to provide skeptics a platform

Read More »
One of the co-founders of OpenSea, the largest Non-Fungible Token (NFT) market in the Web 3.0 ecosystem, Alex Atallah, has stated that by the end of July, he will step down as active manager while remaining on the board.

Co-Founder Of OpenSea Announces He Is Stepping Down As Active Manager

One of the co-founders of OpenSea, the largest Non-Fungible Token (NFT) market in the Web 3.0 ecosystem, Alex Atallah, has stated that by the end of July, he will step down as active manager while remaining on the board. Atallah, who co-founded OpenSea with CEO Devin Finzer in 2017, has played a significant role in the growth of the business. His responsibilities have included community and marketing and product development, among other

Read More »
Updates have been provided on the current service freeze and new recovery efforts were outlined by the company.

Potential Solutions Are Being Considered By Celsius

Strategic deals and liabilities restructuring are being explored by Celsius. Updates have been provided on the current service freeze and new recovery efforts were outlined by the company. On June 12th, all transitions, withdrawals, and swaps were put on pause by Celsius and as of now, the company is looking for ways to recover. “Important steps to preserve and protect assets and explore options” are being taken by the company, per

Read More »

My Coins

bitcoinBitcoin
$ 19,734.401.79%
ethereumEthereum
$ 1,126.595.45%
cardanoCardano
$ 0.4547770.61%
tetherTether
$ 1.000.24%

Newest Videos on YouTube

We inform and educate people about Cryptocurrencies and Blockchain technology.

© Copyright 2021, All Rights Reserved,
Crypto Academy

Bitcoin

Contact Us

For any question conatct us through:

sales@crypto-academy.org

Disclaimer: All information and materials on this website are for educational purposes only. Crypto-academy.org does not provide any form of financial advice. Cryptocurrencies are highly volatile, therefore any form of investing carries a high level of risk to your capital. It is recommended that you seek professional advice prior to implementing any investment or financial plan.

We do not ask you for your Cryptocurrency / We do not hold your Coins / We do not ask for Private Keys / Be aware of scammers and imposters.

Contact us only through: sales@crypto-academy.org