Out Now - African Blockchain Report 2021 Did you know? Between July 2020 and June 2021, crypto adoption in Africa grew by over 1200%, making it one of the fastest-growing continents in terms of adoption. Companies raised million in Q1 of 2022, a staggering 1,668% YoY increase from Q1 of the previous year. Most venture dollars went to Nigeria, Kenya, South Africa, and Seychelles, with a combined total of 2 million, or 96% of funding in the region. South African exchange Valr has come the closest, closing a million Series B round in Q1 of 2022, the continent’s largest funding round. Thus, CV VC and Standard Bank decided to do the research and publish the first edition of the African Blockchain Report. The report provides in-depth
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Did you know?
- Between July 2020 and June 2021, crypto adoption in Africa grew by over 1200%, making it one of the fastest-growing continents in terms of adoption.
- Companies raised $91 million in Q1 of 2022, a staggering 1,668% YoY increase from Q1 of the previous year.
- Most venture dollars went to Nigeria, Kenya, South Africa, and Seychelles, with a combined total of $122 million, or 96% of funding in the region.
- South African exchange Valr has come the closest, closing a $50 million Series B round in Q1 of 2022, the continent’s largest funding round.
Thus, CV VC and Standard Bank decided to do the research and publish the first edition of the African Blockchain Report. The report provides in-depth research and information on:
👉 Venture funding
👉 African Unicorns
👉 African Blockchain Industry and Company Overview
👉 Blockchain Industry Developments
👉 Cryptocurrency regulations in Africa
Overall, the report provides key insights into African blockchain-related activities and showcases the rapid pace at which the landscape is evolving and how the quality of life on the continent is improving in the process.
CV VC initiates an African investment strategy to build a blockchain accelerator for Africa – 100 Startups over 4 Years.