Breaking News
You are here: Home / All / Who are The VC Firms Behind Billion-Dollar Crypto Startups

Who are The VC Firms Behind Billion-Dollar Crypto Startups

The number of crypto organizations achieving the “unicorn” status — privately held start-up companies possessing a current valuation of $1 billion USD or more — has been increasing steadily due to the  dramatic rise in value of crypto currency.

There are currently over 27 fintech unicorns worldwide with crypto platforms such as Robinhood, Revolut, and Coinbase riding a wave of mass adoption and market growth well beyond the billion-dollar mark. Coinbase, valued at $1.57 billion, Robinhood, valued at $1.3 billion, and Revolut, valued at $1.7 billion, are the first three crypto startups to reach unicorn status.

But what about the investors behind them?

CB Insights data sought answers and came up with the following names.

Fintech-focused VC firm Ribbit Capital is the most active investor in fintech unicorns, with 10 companies in its portfolio attaining at least $1B valuations.

QED Investors comes in second with 6 fintech unicorns.

Third place goes to Andreessen Horowitz, SV Angel, DST Global, and Institutional Venture Partners, all of which hold stakes in 5 unicorns.

Fourth place goes to four investors – Kleiner Perkins Caufield & Byers, Google Ventures, Thrive Capital, and General Catalyst – with 3 fintech unicorns in their portfolio.

 

Share on TwitterShare on FacebookShare on LinkedInPin it on PinterestSubmit to redditSubmit to StumbleUponShare on Tumblr

//

About admin

Leave a Reply

Close
Please support the site
Let's connect on our social media pages

Facebook

Twitter

Google+