Asia, Africa see rise in share of crypto startups this year, says accelerator

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Asia, Africa see rise in share of crypto startups this year, says accelerator
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A larger portion of crypto startups chose Africa and Asia in H1 2024 than ever before, snatching share from the US and Canada.

Researchers compiling the data believe the changes were due to regulatory uncertainties in the US and increased crypto adoption in emerging markets.

The share of cryptocurrency startups launching in Africa and Asia increased to their highest levels ever in the first half of 2024, snatching share from the United States and Canada amid recent regulatory uncertainty.the US and Canada as the leading place for new cryptocurrency startups in H1, making up a 31.4% share, while Asia came third place with a 26.8% share.Africa also saw its share rise to 5.

“Because of the sheer sample size and the fact that we are relatively agnostic to these factors, we are able to derive unique insights into where the industry is heading.”Binance, Coinbase and Gemini staff are among the least happy, data suggests Share of founders in cryptocurrency startups that graduated from a top 100-ranked university in 2021. Source: AllianceMeet the hackers who can help get your crypto life savings back

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