Kuperman LLC Releases Study Showing Seventy percent of the Blockchain startups operating today in New-York are not BitCoin related


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Kuperman LLC, a corporate development advisory firm recently released a study regarding blockchainnycBlockchain technology startups in New York City. Blockchain, known as the underlying technology that powers Bitcoin is used by a growing number of companies for different purposes. The study found that so far in 2016 more than $80 million was invested in Blockchain startups operating in New York City; none of these investments were Bitcoin related.

Guy Kuperman, CEO and founder of Kuperman LLC states:

“Seventy percent of the Blockchain startups operating today in New-York are not BitCoin related,” he said. “Startups developing middleware platforms to application development seem to be gaining the fastest momentum. By far, startups in this category have been able to get the most investment in 2016.”

Since the beginning of 2016, the increase in investments have been generated mainly by non-bitcoin startups in three key categories – middleware, clearing house and payments.

blockchainnyc2New York-based Blockchain companies operate in six additional categories including compliance and security, certification and authentication, banking, digital id
entity, Internet of Things, and smart contracts.


The study included the review of over 100 companies with only a few dozen making it to the final short list of relevant startups based on the criteria.


About Richard Kastelein

Founder of industry publication Blockchain News, partner at ICO services collective CryptoAsset Design Group (helped raise over $200m+), director of education company Blockchain Partners (Oracle Partner) and ICO event organiser at leading industry event  CryptoFinancing (first ICO event in Europe) - Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He sits on the advisory boards of half a dozen Blockchain startups and has written over 1200 articles on Blockchain technology and startups at Blockchain News and has also published pioneering articles on ICOs in Harvard Business Review and Venturebeat.
Kastelein has spoken (keynotes & panels) on Blockchain technology in Amsterdam, Antwerp, Barcelona, Beijing, Brussels, Bucharest, Dubai, Eindhoven, Gdansk, Groningen, the Hague, Helsinki, London, Manchester, Minsk, Nairobi, Nanchang, San Mateo, Shanghai,Tel Aviv and Venice. His network is global and extensive.
He is a Canadian (Dutch/Irish/English/Métis) whose writing career has ranged from the Canadian Native Press (Arctic) to the Caribbean & Europe. He's written occasionally for Harvard Business Review, Wired, Venturebeat, The Guardian and Virgin.com and his work and ideas have been translated into Dutch, Greek, Polish, German and French.
A journalist by trade, an entrepreneur and adventurer at heart, Kastelein's professional career has ranged from political publishing to TV technology, boatbuilding to judging startups, skippering yachts to marketing and more as he's travelled for nearly 30 years as a Canadian expatriate living around the world.
In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, "The Hitchhiker's Guide to the Seas' travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, Netherlands where he's raising three teenage daughters with his wife and sailing partner, Wieke Beenen.

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