What All These VC Deals and Acquisitions Say About the State of the Crypto Markets
Three funding announcements and three M&A deals give us a window into understanding what investors in the crypto space are most interested in.
The value of acquisitions in the first half of 2020 has already surpassed that of full-year 2019, according to a new report by PwC.
Asian exchanges account for more than 95% of the futures volume in crypto, according to a new report by Switzerland-based Blockchain Valley Ventures.
The average deal size went from $19.2 million in 2019 to $52.7 million in 2020, with a greater share of activity taking place in Europe and Asia.
The value of crypto M&A deals last year dropped by a whopping 76 percent, according to a new report by PwC – down from $1.9 billion in 2018 to $451 million in 2019.
"Even though their money generation mechanism is not as strong as Binance, they do have the users," CEO CZ tells CoinDesk. "It's a very valuable platform."