Key Players and Investments in Romania’s Digital Currency Sector
Summary:
The Romanian Government, National Bank of Romania, and the Financial Supervisory Authority are key players in Romania’s cryptocurrency market. Major associations such as the Romanian Blockchain Association, Blockchain Community Romania, Romanian Cryptocurrency Association, and the Romanian Association of Crypto Assets and Blockchains are also heavily involved in investment and regulatory enforcement within the market.
Significant investments in Romania’s cryptocurrency sector include mergers, acquisitions, partnerships, and financing for product or service launches. Tradesilvania, a Romanian digital asset investment platform, secured €500,000 to support fintech and blockchain businesses, focusing on pre-seed and seed solutions within blockchain, Web3, and DeFi ecosystems.
In September 2021, Romanian deep tech startup Human raised $9 million through the sale of cryptocurrency tokens in a private sale. This funding aims to support innovative solutions that merge blockchain and artificial intelligence to help people overcome limitations related to time, space, budget, and skills.