PricewaterhouseCoopers: Asian and European cryptocurrency industry financing mergers and acquisitions are growing

According to CoinDesk, the PricewaterhouseCoopers report shows that the M&A transactions in the cryptocurrency industry in Asia and Europe have grown significantly, exceeding the previous size of the Americas. In terms of financing, 41% of global financing transactions in the second quarter of 2019 occurred in Europe, compared with 34% in the same period last year. Similarly, cryptocurrency financing in the Asian market has increased significantly, accounting for 26% of transactions in the second quarter of 2019. Europe and Asia together accounted for 67% of the second quarter of 2019. At the same time, the report pointed out that the cryptocurrency financing transactions in the Americas decreased sharply, accounting for only 28%, compared with 51% in the same period last year.