Analysis of the key themes driving private equity deal activity reveals that cryptocurrencies accounted for 3 payments deals announced in Q2 2023, worth a total value of $69.9m. The $50m investment by Paradigm One in Coinbase Global was the industry’s largest disclosed deal. GlobalData’s Banking and Payments Predictions in 2023 – Thematic Intelligence report includes a detailed analysis of the impact of blockchain and other key themes such as AI, conversational platforms, and cloud on the banking and payments industry. Buy the report here.
In value terms, cryptocurrencies-related deal activity decreased by % in Q2 2023 compared with the previous quarter’s total of and rose by 129% as compared to Q2 2022. Related deal volume remained flat in Q2 2023 versus the previous quarter.
For further understanding of GlobalData's Banking and Payments Predictions in 2023 – Thematic Intelligence buy the report here.