According to data extrapolated from VC database Pitchbook the funding in Crypto related companies has increase by 26% in 2017 with there still being 3 calendar months left in the year.
The largest round was risen by Korbit a bitcoin exchange company based in Korea. Using bitcoin, users are able to exchange, buy, and sell on the web. The company which had received funding from 18 investors including; Bam Ventures, Naval Ravikant (CEO of Angel List) and Firestartr was acquired by Nexon (TYO: 3659) for an estimated $90 million on September 26, 2017, valuing the company at over $150 million.
