FinTech Metrics | 08.04.2023
Published in
2 min readAug 4, 2023
Social Media: LinkTree
While funding in the crypto and blockchain space was falling in H1’23, funding continued to show geographic diversity with $100 million+ megadeals in France (Ledger — $493 million), the US (GammaRey — $320 million, Apex Crypto — $155 million, WorldCoin — $115 million), Switzerland (Metaco — $250 million), and Canada (Blockstream — $125 million).
Further Reading: KPMG — H1 2023 — Pulse of Fintech
Latest Headlines
- Robinhood reported a net income of $25 million in Q2 2023, which is first time the company has turned profitable since going public in 2021.
- The Apple Card’s savings account has racked up more than $10 billion in deposits since launching in April.
- The Bank of Spain has approved the registration of eToro as a service provider for the exchange of virtual currency for fiat currency, and electronic wallet custody services.
- The US Government launches investigation into $9 trillion asset manager BlackRock over facilitating investments into blacklisted Chinese companies.
- HashKey wins Hong Kong’s first crypto exchange license to serve retail customers.
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Heatmaps for Top 50 Gainers & Losers | Last 7 Days
Note: Only the cryptoassets with more than 800 million USD market cap are in the map.
