Neil here.
The crypto world is heating up again, and it’s got venture capitalists and institutional investors chomping at the bit to secure a slice of the pie.
In fact, seven of the 12 largest private funding rounds in crypto history happened this year alone.
And four of those funding rounds happened in just the last month and a half. I’ll get into the details below, but the combined total funding was a whopping $1.38 billion, and that’s just since the beginning of May.
Today, let’s dive into these funding rounds and exactly why the startup world just can’t get enough of cryptocurrency. And make sure you read through to the end, because I’m lining up how you can play this sector too, starting with just a couple of hundred dollars.
Circle’s most recent valuation was $3 billion. It’s reportedly eyeing a SPAC merger in a move to become the second crypto company to hit the public market (after Coinbase).
This funding round shot Ledger to unicorn status, raising its valuation from $287.1 million to $1.5 billion.
One SOL is currently worth almost $41, making it the 14th most valuable crypto on the market.
Following this round of funding, Bitso’s valuation hit $2.2 billion.
Cryptocurrency has been shaky this year. But the fact that venture capitalists and other institutional investors are throwing hundreds of millions of dollars into the pot tells me that crypto and blockchain are sectors we shouldn’t ditch.
Venture capitalists (and angel investors, for that matter) invest in companies they believe will succeed in the long run. Why? Because they’re betting that the hundreds of millions of dollars they invest into these companies will kick back a fortune at the end of the day.
And while massive funding rounds like the ones I listed above aren’t available to everyday investors, we’re starting to see even more opportunities pour in that are accessible to all.
Over on Republic, for example, there’s a company called Linen raising money right now. It’s using crypto-based technology to democratize wealth building via the ownership economy (think Airbnb, Uber, and more). If you’re interested in doing some diligence on that company, check it out here.
Right here on the Network, we’ve even recommended crypto-focused deals, including one token that raised a whopping $16 million in a matter of days.
All of that to say, I’m confident in the future of crypto, despite the ups and downs it’s faced this year. There are plenty of ways to dive straight into the sector, whether you’re a multimillionaire VC, an everyday angel investor, or a stock market newbie.
There’s no one in the world who knows that better than my friend Tom Gentile. He’s had his finger on the pulse of the latest and greatest moves in the crypto world since its most humble beginnings… and he’s seen it all.
Right now, he’s targeting a tiny sector of the digital currency market that’s projected to get a $14.2 billion boost in the next four years alone… and that’s according to the World Economic Forum. There’s a real potential here for big and fast gains that could beat Bitcoin by as much as 100X.
(And, you don’t need a fortune to get started. A hundred bucks can get you in the door.)
When it comes to finding the best opportunities to rake in a crypto fortune, Tom’s your guy. Today, he wants to tell you all about it… so check out what he has to say by going here.
He’ll give you even more details on how to unlock these kinds of crypto plays today.
Hear him out, and I’ll be back soon with another update.
Until next time,
Neil Patel
The crypto world is heating up again, and it’s got venture capitalists and institutional investors chomping at the bit to secure a slice of the pie.
In fact, seven of the 12 largest private funding rounds in crypto history happened this year alone.
And four of those funding rounds happened in just the last month and a half. I’ll get into the details below, but the combined total funding was a whopping $1.38 billion, and that’s just since the beginning of May.
Today, let’s dive into these funding rounds and exactly why the startup world just can’t get enough of cryptocurrency. And make sure you read through to the end, because I’m lining up how you can play this sector too, starting with just a couple of hundred dollars.
Circle (May 28, 2021) – $440 million raised
Circle is a digital payment services provider that developed the USDC stablecoin, worth around $22 billion today. The company raised $440 million from investors like Fidelity Management and Research Company, Breyer Capital, and Marshall Wace.Circle’s most recent valuation was $3 billion. It’s reportedly eyeing a SPAC merger in a move to become the second crypto company to hit the public market (after Coinbase).
Ledger (June 10, 2021) – $380 million raised
Ledger develops and sells cryptocurrency hardware and software designed to keep digital transactions secure. The company raised $380 million this month from institutional investors such as 10T Holdings and Draper Associations.This funding round shot Ledger to unicorn status, raising its valuation from $287.1 million to $1.5 billion.
Solana Labs (June 9, 2021) – $314 million raised
Solana Labs is taking on big names like Ethereum in the race to create a faster and more cost-effective blockchain ecosystem. It raised $314 million this month from famed investors like Andreessen Horowitz, Alameda Research, and CMS Holdings.One SOL is currently worth almost $41, making it the 14th most valuable crypto on the market.
Bitso (May 5, 2021) – $250 million raised
Latin America’s largest crypto platform raised $250 million last month from investors like Paradigm, Valor Capital Group, and Pantera Capital. With more than 2 million users, it supports nine different cryptocurrencies, including Bitcoin.Following this round of funding, Bitso’s valuation hit $2.2 billion.
Cryptocurrency has been shaky this year. But the fact that venture capitalists and other institutional investors are throwing hundreds of millions of dollars into the pot tells me that crypto and blockchain are sectors we shouldn’t ditch.
Venture capitalists (and angel investors, for that matter) invest in companies they believe will succeed in the long run. Why? Because they’re betting that the hundreds of millions of dollars they invest into these companies will kick back a fortune at the end of the day.
And while massive funding rounds like the ones I listed above aren’t available to everyday investors, we’re starting to see even more opportunities pour in that are accessible to all.
Over on Republic, for example, there’s a company called Linen raising money right now. It’s using crypto-based technology to democratize wealth building via the ownership economy (think Airbnb, Uber, and more). If you’re interested in doing some diligence on that company, check it out here.
Right here on the Network, we’ve even recommended crypto-focused deals, including one token that raised a whopping $16 million in a matter of days.
All of that to say, I’m confident in the future of crypto, despite the ups and downs it’s faced this year. There are plenty of ways to dive straight into the sector, whether you’re a multimillionaire VC, an everyday angel investor, or a stock market newbie.
There’s no one in the world who knows that better than my friend Tom Gentile. He’s had his finger on the pulse of the latest and greatest moves in the crypto world since its most humble beginnings… and he’s seen it all.
Right now, he’s targeting a tiny sector of the digital currency market that’s projected to get a $14.2 billion boost in the next four years alone… and that’s according to the World Economic Forum. There’s a real potential here for big and fast gains that could beat Bitcoin by as much as 100X.
(And, you don’t need a fortune to get started. A hundred bucks can get you in the door.)
When it comes to finding the best opportunities to rake in a crypto fortune, Tom’s your guy. Today, he wants to tell you all about it… so check out what he has to say by going here.
He’ll give you even more details on how to unlock these kinds of crypto plays today.
Hear him out, and I’ll be back soon with another update.
Until next time,
Neil Patel
Follow @angelsandentrepreneurs
Hi Neil.
Glad to see your confidence in the cryptocurrency.
So glad to hear back from Tom Gentile.
Believing in all the good and positive to be had.
Building on, and seeking better for my family.
Christine
I heard many times toward the last few months of 2020 that crypto was going to become was going to become big soon, in fact I know that Neil was saying it,so I started to invest. On December 4th I bought 22052 shares of DOGE at $0.003399 for a total investment of $74.95. I sold it May 11th at $0.501331 a share which was $11,278.94. A few days before that I tried to sell it when it would have been over a $14 K return. It is now down to $0.31, time to watch and buy again.