PwC Report: Crypto Merger Deals Skyrocketed 5,000% in 2021

  • 📰 Crypto_Potato
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Just how big was the crypto industry boom in 2021? Most recently, a report found that crypto mergers and acquisitions were up 5,000%.

Crypto mergers and acquisitions soared from $1.1 billion in value in 2020 to $55 billion, representing a massive surge of 4,846%, according to a report by PwC.threefold, from $52.7 million to $179.7 million. The report notes that a few mega-billion SPAC were behind this substantial jump.Moreover, 2021 saw the activity shift back to the Americas. The region increased its shares of the total number of M&A deals from 41% to 51%.

PwC, a multinational corporation providing assurance, consulting, and tax services, also reported on crypto fundraising efforts. The total value of such deals increased 645%, from $4.5 billion to $26,3 billion. The average amount was also up, by 143%.It also noted that the number of venture capital firms that finance crypto and blockchain projects increased in 2021, with 49 new funds. The total number of such VCs is now just under 500.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 568. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Big tech’s 2021 earnings were off the chartTech companies had their biggest year ever in 2021. They should increase spending to eliminate poverty and increase spending for research and development programs as well Please stop sharing these multiple times
La source: verge - 🏆 94. / 67 Lire la suite »