Blockchain investment still lags behind fintech despite record-breaking 2018

European blockchain technology companies had a record year in terms of VC investment in 2018, although overshadowed by funding going into financial technology (fintech) companies. According to Innovate Finance’s ‘2018 FinTech VC Investment Landscape‘ report , the European blockchain and cryptocurrency industry witnessed a series of significant deals, but notably just four deals amounted to over $300 million. Paxos delivers blockchain solutions for financial institutions, including Bankchain, a settlement platform seeking to transform post-trade activity across capital markets. It raised $65 million in May. Dfinity is a blockchain-based cloud computing project. It’s registered as a non-profit in Switzerland and operates research…

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