Not so long ago, many of the mainstream VCs made inroads into the digital currency ecosystem, making big moves in the cryptocurrency market. Despite its potential to revolutionise the world, there are many risks associated with it.
Already, enterprises and institutional giants like Fidelity, JP Morgan, Facebook, Walmart, and Square are embracing blockchain technology at an accelerating pace. According to a report by Andreesen Horowitz, startup and developer activity in the space has been growing 53.9% and 74.4% CAGR since 2010.