Crypto Short News

Israeli Blockchain Companies Survives the Crypto Winter

Despite harsh crypto industry returns in the last Crypto Winter, Israeli Blockchain companies have increased by 32% in the 2019 calendar year. As of December 2019, the no. of blockchain companies increased to 150 instead of 138 in 2018. This is according to a survey by the Israeli Bitcoin Association. The survey further shows that 2017 saw only 53 total blockchain & crypto companies.

Moreover, in 2018, out of 113, only 63 companies continued in 2019. This means 87 companies have been incubated and flourished in 2019. The numbers are inspiring and Israel crypto industry plans to flourish further.

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Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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