North America records most crypto and blockchain investment in 2019
The Block Genesis published an overview of industry investment activity for the 2019 period, finding that a staggering majority of it occurred in Asia, North America and Europe. These regions saw activity dwarfed the number of developments in Oceania, South America and Africa. North America, Europe, and Asia accounted for approximately 99% of the investment deals in 2019. Overall, the blockchain/cryptocurrency sector saw approximately $3.7B in investments across 741 different deals during 2019.
The Cryptocurrency and the blockchain sector is really growing with expansions into Africa. Many cities in Africa liker Lagos and the rest now record a high number of cryptocurrency transactions daily. It should be noted that cryptocurrency and blockchain technology are taking over!