Coinbase Ventures reveals investment portfolio percentages by category

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DeFi tops Coinbase Ventures’ 2021 portfolio breakdown

advertisementa breakdown of the firm’s portfolio in 2021, revealing that decentralized finance was tied with centralized finance as the top category.

Coinbase Ventures is the venture capital arm of crypto exchange giant Coinbase. According to Dempsey’s post, the firm made just under 150 new deals in 2021, bringing the total companies in its portfolio to 250. Both DeFi and"CeFi" accounted for around 23% of the total. Prominent recent investments in each category include the firm's backing of DeFi wallet startup

 

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