$1 Billion Invested So Far in Bitcoin & Blockchain Infrastructure

2015 was a good year for Bitcoin; and some say this could very well be reflected in its overall value the past two months. The currency has reached yearly highs in both volume and price over the course of September-October. This enthusiasm may be because of the large quantities of capital being injected into the digital infrastructure. Excitement grows as Bitcoin and blockchain firms within the industry have received a record US$1 Billion in investments as the year comes to an end.

The virtual currency experienced a record year of investments as money poured into crypto-related startups, seed accelerators and incubators. At the end of 2014, Uphold (formerly Bitreserve) received a record US$9.5 Million from a Series-B investment round. It was the second largest venture capital investment in the industry for the year. At the beginning of the New Year, the price of bitcoin reached new lows but the groundwork for blockchain infrastructure continued. The first quarter of 2015 revealed blockchain-related venture capital investments had surpassed the entire 12 months of funding from the previous year. 

The wallet and exchange service Coinbase was the first to collect one of the largest funding rounds

Read more ... source: TheBitcoinNews

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