News Snapshot:
A joint report by two leading financial institutions, KPMG and HSBC, revealed that over a quarter of the 6472 startups operating in the Asia Pacific region have their core businesses in crypto-related activities. Among these firms, five appeared on a top 100 startups list with the potential to become unicorns — a private startup company valued at over $1 billion. The list included China-based crypto startups, Conflux network and, Memsonics, Singapore-based DeFi platform Stader Labs, Hong Kong blockchain gaming platform Catheon Gaming and Taiwan’s Maicoin crypto exchange. According to the report, the crypto space still has the potential to produce...
