Crypto VC Investments in Latin American Grew Almost Tenfold in 2021 to $653M

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Venture capital investments in crypto and blockchain firms in Latin America grew almost tenfold to $653 million in 2021, according to lavca_org. andresengler reports

Venture capital investments in crypto and blockchain firms in Latin America reached $653 million in 2021, almost ten times more than was invested in 2020,Investments were concentrated in consumer-facing asset exchanges and retail trading platforms, which together captured $607 million., as VC investments in crypto in the region totaled just $68 million in 2020.

Globally, VC funding for blockchain startups reached $25.2 billion last year, up 713% from $3.1 billion in 2020, according to

 

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