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Research Director @TheBlock__ . Your source for anything related to Blockchain VC activity. Formerly Volunteer @MessariCrypto
Jan 18, 2023 17 tweets 6 min read
1/ Super proud of my team for this one. Also, a special shoutout to @HashKey_Capital for sponsoring our Digital Asset Funding Landscape report. We set out to produce the most comprehensive information on venture funding in crypto. 2/ The result: A database of 6,380 venture capital funding deals over the past 6 years, 110 pages of analysis, and nearly 100 different charts breaking down the trends and evolution of capital allocation to the sector.
Nov 14, 2022 22 tweets 7 min read
1/ Last week's events in crypto have led me to self-reflection. I've spent the past four years tracking and analyzing capital allocation to this sector. Understanding the regulatory hammer is coming, now, more than ever, is the time to speak out about all the issues I've seen. Image 2/ In 2017/18, ICOs were the main driver of capital allocation as opposed to VC. ICOs were riddled with scams & terrible ideas, but the Public ICO model was more democratic than what we have today. Sure, VCs were investing, but it could be on the same terms as your average joe. Image
Jul 14, 2022 14 tweets 4 min read
1/ It’s been a crazy few months in the crypto-verse. The blow-up of Terra & 3AC, liquidity crises across the board for many of the significant lending providers, bankruptcies of Celsius + Voyager, FTX bailouts, etc. How has all of this impacted the private markets? Image 2/ Venture funding in the blockchain sector by $ amount declined 22%, from $12.5 billion to $9.8 billion. Before this decrease, investment had increased for seven consecutive quarters. Image
Apr 12, 2022 11 tweets 5 min read
1/ I can confidently say @TheBlockRes has the most robust and accurate funding data on digital assets in the industry. What began as a one-man show (just me) has developed into a team including @Edvis100, @deshpande_A96, and @CrimsonCrypto_. theblockresearch.com/q1-22-blockcha… 2/ Some quick Q1 highlights: The blockchain/crypto sector received nearly $12.5 billion in venture funding, a sector high, and it has continued to increase for seven consecutive quarters now Image
Oct 5, 2021 21 tweets 5 min read
1/ Four funding rounds during Q3 qualified it as one of the fifteenth largest to ever occur in the crypto sector. Through three quarters now, twelve of the fifteenth largest deals to ever happen in the industry, or 80%, have occurred this year. 2/ With another quarter in the books, there was another record in venture funding for the crypto/blockchain sector. Private investment was up nearly 21% Q/Q with nearly $8 billion allocated across 423 total deals.
Apr 5, 2021 11 tweets 3 min read
1/ Q1′ 21 was a historical quarter in venture funding for the crypto/blockchain sector, with roughly $3.18 billion allocated to crypto/blockchain projects. 2021 is on track to surpass 2018 as the largest year in private funding for the industry. A thread:
theblockcrypto.com/genesis/100474… 2/ For perspective on how insane private investment in the sector was this quarter, in all of 2020 in aggregate, there was less total funding with $3.07 billion in private financing than just this recent quarter.
Dec 23, 2020 20 tweets 6 min read
1/ With the current market sentiment surrounding Bitcoin and digital assets, 2021 will be one of the most important years to date to follow in terms of investment and M&A/Corp Development. In our EOY report, we summarized the trends of 2020 going into the new year. Image 2/ Roughly $3.1 billion in venture funding was allocated to crypto/blockchain projects in 2020. Year-over-year, venture funding stayed relatively consistent despite a 61% drop off in total funding from Q1 to Q2 due to the COVID-19 pandemic. Image
Nov 25, 2020 10 tweets 3 min read
The Block Research analyzed 123 cryptocurrency exchanges (spot and derivatives) that either cater to specific regions of the world or operate internationally.

theblockcrypto.com/genesis/85639/… Image Three regions — specifically Asia, Europe, and North America — are the most catered-to areas for cryptocurrency exchanges, in which they make up roughly 69% of the businesses in aggregate Image
Jan 24, 2020 21 tweets 5 min read
1/ We have analyzed the Digital Asset Custody landscape. Digital assets, like Bitcoin, present new challenges that legacy financial firms aren't equipped or familiar with. We have broken down the custody space into two segments, Institutions and Consumer. theblockcrypto.com/genesis/53485/… 2/ Early adopters operate on the mantra, “Not your keys, not your coins”, however, this is not ideal for all users nor is it possible, at least in the U.S., for institutions managing more than $150 million that are required by law to have their assets safeguarded by a custodian