Crypto and blockchain investments have already doubled 2020: KPMG report

Crypto and blockchain investments have already doubled 2020: KPMG report

Investors now have a better understanding not only about crypto assets but also the operational and procedural side of crypto, a new report states. Crypto and blockchain investments continue to grow thanks to the ever-rising investor interest, according to a new report from Big Four accounting firm KPMG.Titled “Pulse of Fintech H1 2021,” the study covers global investment activities in different financial technology verticals for the first half of the year. It details 2,456 investment deals worth $98 billion made between January and June. One of the top fintech trends for 2021 is the....


Related News

Here’s What KPMG Said About Slowdown In Crypto Investments

KPMG, the global audit and consulting firm has presented a report which speaks of declining crypto investments. The highlights in those reports were that globally, the interest in crypto along with investments was depreciating. The report precisely signalled that there shall be a slowdown in investments for the rest of this year. The global investments […]

4 key takeaways from KPMG Pulse of Fintech Report

New Pulse of Fintech report by KPMG revealed that over $30 billion in investments flowed into the crypto and blockchain sectors in 2021. As Bitcoin (BTC) and altcoins took a break from reaching new all-time highs, the market sentiment seems gloomy since the start of 2022. However, while the market seems to be sleeping, its trajectory shows that there’s more to look forward to in the coming months.Multinational professional services network KMPG published its biannual Pulse of Fintech report, where the firm tracks and analyzes developments and investments within the financial technology....

Global Crypto and Blockchain Investments Soared in 2021, Rising 5.5X to $30 B...

A new report by one of the Big Four accounting firms, KPMG, reveals that investment in the crypto and blockchain space grew 5.5 times the previous year to more than a record $30 billion in 2021. KPMG called 2021 a “Blockbuster year for crypto and blockchain.” ‘Blockbuster Year for Crypto and Blockchain’ KPMG published a report Monday on investments in the cryptocurrency, blockchain, and fintech space. Noting that global fintech reached $210 billion last year, the Big Four accounting firm wrote: “We saw growing deal sizes in a....

Singapore saw 13x jump in crypto investments in 2021: KPMG

KPMG forecasts that Singapore's crypto investment will remain strong this year with increasing regulatory scrutiny. Singapore has seen a tenfold increase in crypto-related investments last year worth $1.48 billion, up from $110 million in 2020, according to KPMG's Pulse of Fintech report.As per the study, the city-state has long been recognized as a center of cryptocurrency activity, with over $1.48 billion in investment completed last year alone.KPMG suggests that the increase is in part due to government efforts to stimulate the capital market, such as establishing a special-purpose....

FinTech Investment in China Doubled in 2016, Declines in Europe, US

Investment in Chinese FinTech continued at a pace in 2016 despite markets in other countries experiencing a slowdown in the sector. It’s reported that during the first nine months of 2016, FinTech investments doubled in China, which was partly due to funding rounds completed by Ant Financial, JD Finance and China’s Lufax, reports the China Money Network. The report states that in the first three-quarters of 2016, global financial technology investments accounted for US$18 billion, just down from the US$19 billion that was invested in the previous year. According to a report by City Asia....