April 25, 2024

The Block: North America leads in blockchain investment

According to research conducted by The Block, blockchain investment in North America last yearamounted to $ 2 billion, which is more than double the investment in this industry in Asia and Europe.

The Block report also provides data on investment markets in Africa, South America and Oceania, but they can not be compared with the volume of investments in more developed regions.


“Blockchain Investments in North America, Europeand Asia account for about 99% of total investments in this sector of the economy in 2019. There is an opinion in the industry that blockchain should help provide banking and financial services to the poorest people on the planet, but the regions that need it - South America and Africa - receive less than 1% of the funding, ”said John Block Dantoni, an analyst at The Block.

In total, investments in blockchain amounted to $ 3.7 billion for 2019. In total, 741 transactions were completed to finance the blockchain sector, while 324 transactions were completed in North America. In addition, a study by Asian company Forkcast showed that next year, investment in blockchain in China should increase significantly.