VC Investment in Blockchain Nears $300M for H1/2016

Note from the Publisher:  We’ve said it before, and we’ll say it again.  Bitcoin- and blockchain-related investments are hot right now.  The smart people with the big money continue to pour investments into the sector, according to a new report now out by Juniper Research.   

“A new study from Juniper Research has found that the total value of Venture Capital (VC) investment into blockchain technologies and Bitcoin companies totalled $290 million in the first 6 months of the year, with more than 30 startups receiving funding in that time. More than a third of all investment was accounted for by 3 companies:

1.Circle – the social payment provider
2.Blockstream – the sidechain developer
3.Digital Asset holdings – the distributed ledger solutions provider

The new research report – The Future of Blockchain: Bitcoin, Remittance, ID Verification & Smart Contracts 2016-2021 – highlighted the increasing diversification of nascent blockchain deployments, with applications ranging from identity to asset management. It pinpointed the banking sector as being particularly proactive, with several banks having already adopted the Ripple blockchain protocol and others piloting competing solutions.”

Read Full Press Release at PRNewswire