KPMG analysts noted a significant increase in investor interest in the blockchain and cryptocurrency industry, and emphasized that investors had a much better understanding of the industry.
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data KPMG, in the first half of 2021, 2,456 investment transactions worth $ 98 billion were completed in the field of fintech. Of these, 548 investments, acquisitions and venture capital investments occurred in the blockchain and cryptocurrency industry. The amount of such transactions is $ 8.7 billion, with 580 transactions worth $ 4.3 billion recorded for the entire 2020.
“There is an explosive growth in the cryptocurrency and blockchain industry around the world. There are many major projects underway in the industry, including the launch of the digital yuan in China, the development of Facebook’s digital currency called Diem, not to mention a host of ecosystem initiatives and the creation of trading platforms. Digital currencies and virtual assets have become a popular topic of discussion in business circles. I think that in the second half of this year, investors will continue to invest significant amounts in the cryptocurrency industry, ”says Anton Ruddenklau, one of the heads of the KPMG Fintech department.
Increasing investor awareness has been a key driver of investment in the industry, analysts say. They now better understand not only the cryptocurrencies themselves, but also the operational and procedural aspects of the industry. For example, how to properly store cryptocurrencies.
In the report, KPMG analysts predicted continued growth in the industry and noted that collectible tokens (NFT) have become one of the main factors of popularity in recent years. They expect regulators around the world to continue to create regulations to oversee the industry in the months and years to come.
Earlier it was reported that in the first half of the year, venture capital investments in the cryptocurrency industry amounted to $ 17 billion.
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