CB Insights recently published its 2020 Blockchain Report. In 2019 venture capital funding for enterprise blockchain firms was $434 million versus $2,356 million for cryptocurrency startups. The enterprise amount includes $200 million raised by Ripple.
On the one hand, there’s no question that when it comes to pure startups, cryptocurrency is attracting more venture capital funding. Its figures are distorted by two massive ICOs of $4 billion for EOS and $1.7 billion for Telegram.
However, much of the money invested in enterprise blockchain does not come from venture capital.
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