Investments in blockchain startups are skyrocketing
According to a recent analysis, 2021 will be a record year for blockchains. FinTech startups from the blockchain and crypto sector are reaching record amounts of funding, mega rounds, unicorn births, and more.
Research and research on trends and advances in the use of technology in financial services
Since digitization, technology has become an important factor not only for financial service providers. On the banking blog, you will find research on the most important trends and developments.
Bank partner blog
Deloitte is a partner of the banking blog
Blockchain technology is the trend of the times. Current CBInsights analysis shows that after a record second quarter, global blockchain / cryptocurrency venture funding continued to climb to new highs in the third quarter of 2021.
Blockchain / crypto
startups with funding confirmation
Global risk financing for blockchain / crypto startups reached $ 15 billion in the first 9 months of 2021. The total cost is up 384 percent year over year, up from a 12-month high of $ 3.1 billion in 2020.
In the third quarter of 21, there were 286 stock trades with blockchain / crypto companies. That's 4.5 trades per business day. The quarterly total volume was up 71 percent from 167 deals in the third quarter of 20 and is the second-highest after 291 deals in the second quarter of 21.
Global investment in
blockchain startups (2015 - Q3-2021)
Global investment in blockchain startups is up 384% year over year.
Blockchain / crypto mega rounds (over $ 100 million) hit a record 15 in the third quarter, accounting for 5 percent of global transactions but 66 percent of total funding.
There are 31 blockchain / crypto unicorns in total. In the third quarter of 2021 alone, 12 new unicorns were added - the greatest value of all time. More than half of the new unicorns came from the United States. The US also accounts for about half of the total 15 crypto unicorns.
We are working on the bank of the future.
Focus on crypto
exchanges and NFTs
Crypto exchanges raised nearly $ 2 billion in venture capital in the third quarter of 2021, a evidence high and more than any other blockchain / cryptocurrency category. That's a 2,240% increase over the $ 84 million raised in the third quarter of the 1920s. In the 3rd quarter of 21, 4 unicorns of the crypto exchange were also born, the total number increased to 11.
Cryptocurrency and wallet storage service providers have already raised nearly $ 4 billion in 2021, up 333 percent from 2020.
Funding in the field of Non Fungible Tokens (NFT) by 2021 exceeded 2 billion. More than 90% of NFT trades this year were in their early stages. In the third quarter of 21 years, 46 deals were made for NFT startups, including 3 mega-rounds.
Decentralized finance (DeFi) startups registered 191 share deals in the first 9 months of 2021, up 57 percent from 2020. The total funding in 2021 will be $ 2.1 billion, more than six times more than in 2020.
Reduce the administration effort
Currently, up to 65
percent of the sales working time of consultants is spent on administrative
tasks such as researching unstructured information, maintaining data in the CRM
system or scheduling. So that customer interaction and professional advice
become a figurehead, it is now a matter of reducing the administrative effort
in everyday work in order to be able to concentrate much more on customer
relationships. This is achieved with the help of sales tools based on
artificial intelligence (AI). As digital, personal sales assistants, they
take on the research of individual information on the market, industry and
customers and support them with daily planning, the creation of dossiers and
the writing of appointment notes.