About past, present and future of Ukraine

Search mobile

Main Business Ukrainian crypto industry grew 5 times in 2021

Business

Ukrainian crypto industry grew 5 times in 2021

420
Ukrainian crypto industry grew 5 times in 2021

Share this article


The crypto industry in Ukraine grew fivefold in 2021. It was said by Oleksandr Bornyakov, Deputy Minister of Digital Transformation for IT Development and head of the Diia.City project.


The crypto industry should become a powerful driver for the development of the digital economy of Ukraine. In 2021 alone, the crypto industry has grown fivefold. I don’t know any other sectors of the economy that would grow at such a pace. Some $33 billion was invested by venture investors in the blockchain ecosystem. Ukraine can become a comfortable country for multi-billion dollar companies from all over the world.

Oleksandr Bornyakov, Deputy Minister of Digital Transformation of Ukraine (Diia.City conference in Kyiv)

According to the official, the number of investments and start-ups also increased last year.


The Odessa Journal
more articles

Top article

The Ministry of Defense has signed a contract for the construction of a service center for repairing drones in Ukraine
War

The Ministry of Defense has signed a contract ...

Dmytro Kuleba: Ukraine and Croatia have agreed to use Croatian ports for exporting Ukrainian grain
Business

Dmytro Kuleba: Ukraine and Croatia have agree ...

New sanctions: Defence industry, political parties and individuals linked to oligarchs
Business

New sanctions: Defence industry, political pa ...

Volodymyr Zelensky: We are preparing for the next Ramstein meeting, we expect solidly grounded decisions to meet the prospects on the battlefield
War

Volodymyr Zelensky: We are preparing for the ...