KPMG, one the big four auditing firms, released its “The Pulse of Fintech” study, covering the first half of 2018. There is a significant increase in blockchain related spending and while interest is spread across the world, the United States is a definitive leader. Another key finding is that large-scale investors prefer backing well-established projects, rather than new teams. As the report reads:
“Investor interest in blockchain was not limited to one jurisdiction. Good sized funding rounds were seen during the first half of the year, including $100 million+ rounds to R3 and Circle Internet Finance in the US and $77 million to Led...
This article appeared first on Cryptovest