The New Land of Crypto Fundraising Is in Asia and Europe, Says PwC

Cointelegraph

Published Apr 06, 2020 06:45AM ET

Updated Apr 06, 2020 08:20AM ET

Most of the fundraising in the cryptocurrency space shifted from the Americas to Europe, the Middle East, and Africa (EMEA), and the Asia Pacific regions (APAC), according to a recent report by Big Four auditing firm PwC.

According to PwC's 2nd Global Crypto M&A and Fundraising Report, during 2019, fundraising efforts in the crypto space obtained 18% less funding, while funds in mergers and acquisitions (M&As) in the space decreased by 40%.

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