Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
KPMG: More than 7% of fintech companies in Australia will go bankrupt, with blockchain and crypto industries accounting for 14%

KPMG: More than 7% of fintech companies in Australia will go bankrupt, with blockchain and crypto industries accounting for 14%

CointimeCointime2024/12/09 10:11
By:Cointime

KPMG's study of the Australian fintech landscape found that more than 7% of fintech companies headquartered in Australia will go bankrupt by 2024, with the blockchain and cryptocurrency markets being hit the hardest.

KPMG's "2024 Australian Fintech Landscape" report pointed out that the total number of independent fintech companies in Australia has been declining for the past two years, from 800 companies in 2022 to 767 active companies in all vertical business areas as of December 9. Of the 60 Australian fintech companies that will close in 2024, blockchain and cryptocurrency companies account for 14%.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!