A new report issued by LAVCA, the Association for Private Capital Investment in Latam, details the growth of the VC movement in the region and highlights the interest in crypto.
A new report issued by LAVCA, the Association for Private Capital Investment in Latin America, has found that the venture capital investment in the region has grown immensely compared to the previous year’s numbers. In general, the region registered investments of more than $15 billion, more than three times the amount registered in 2020. However, crypto and blockchain investments grew almost tenfold.
14 billion in VC investments, in the midst of the coronavirus pandemic. Last year, this influx reached $15.7 billion.Investments made in defi, blockchain, and cryptocurrency sectors vastly outgrew the investment growth rates in more conventional sectors.
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