Crypto industry is ‘maturing’ but expects slowed growth in second half – KPMG

The crypto market is maturing, but investments in the space are expected to keep declining in 2022, according to leading financial company KPMG report. According to the report, global investments into crypto during the first six months of 2022 stood at $14.2 billion from 725 deals. In comparison, $32.1 billion was invested in the industry…

Accounting giant KPMG adds Bitcoin and Ether to its balance sheet

Accounting and advisory giant KPMG in Canada has completed an allocation of crypto assets to its corporate treasury, the firm’s first direct investment in crypto assets. The investment “reflects the firm’s commitment to emerging technologies and asset classes and the investment illustrates the firm’s outlook on emerging technologies underpinned by blockchain.” According to a KPMG…