The total amount of investments made in crypto companies since the beginning of this year has decreased significantly compared to last year. According to KPMG, this decline could continue throughout the year.
Cryptocurrency companies have accumulated over the past year. $32.1 billion It broke a record by investing in value. This number will increase in the first half of 2022. $14.2 billion fell.
According to the report by KPMG, the fact that crypto companies still performed better compared to the years before 2021, this sector It shows that he is getting more and more mature.:
“Although the cryptocurrency world has collapsed since the middle of the first quarter of 2022 due to the Russia-Ukraine conflict, rising inflation rates and the difficulties faced by the Terra ecosystem, the total amount of investment received by mid-year was above the years before 2021. This shows how this field is maturing and how wide the range of technologies and solutions that receive investment are.”
Projects that received the most investment during the first half of the year in the cryptocurrency sector 1.1 billion Trade Republic with dollars, 550 million dollars with Fireblocks, 500 million dollars with FTX and 450 million dollars with ConsenSys.
Cryptocurrency companies, by the end of this year, according to KPMG’s analysis from a tough test it will pass. KPMG team, “not doing risk management in a healthy way and not having a long-term vision” crypto companies predicts it will sink.
The audit firm also to major coins and non-fungible tokens (NFT) moving away from companies that work for blockchain infrastructure developer looking forward to the projects.