Volume of investments in blockchain companies fell by 33%

According to a new report by CB Insights, the volume of venture financing in the blockchain companies last year decreased by a third from $4.2 billion to $2.8 billion. Though the number of deals decreased only from 822 to 807.

The company explains the revealed difference with the high base of 2018. That year, several concluded agreements at the last stage of venture financing were closed at once.