As we make our way through Q1 of 2019, let's look back on 2018 and analyze how exit activity for blockchain technology compares to previous years. The graphic below shows total annual blockchain technology exit events over time.
As the graphic demonstrates, 2018 saw a drop in blockchain technology exit activity compared to the previous year. The 9 exit events in 2018 represent a 25% decrease from the 12 exit events in 2017 and a 47% decrease from the 17 exit events in 2016, which was the highest year on record for exit activity. Some of the exit events in 2018 include Poloniex's acquisition by Circle for $400M, Earn.com's acquisition by Coinbase for $120M, and Coincheck's acquisition by Monex Group for $33.6M.