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Korean VC Firm Daesung Private Equity Announces $83 Million Metaverse Fund

Daesung Private Equity, a Korean venture capital firm, has announced the launch of a metaverse fund of 110 billion won ($83.5 million). The fund, which will have the participation of…

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Deloitte: Metaverse Could Add $1.4 Trillion a Year to Asia’s GDP

Deloitte estimates the metaverse could add $1.4 trillion to Asia’s GDP annually by 2035. Noting that the metaverse market could be as large as $13 trillion by 2030, the global…

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Deloitte: Nearly 50% of CFOs Surveyed Expect Recession to Hit US Economy This Year

Financial services firm Deloitte has conducted a survey of chief financial officers (CFOs) and found that nearly 50% of respondents expect the U.S. economy to be in recession this year.…

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Deloitte Survey: 85% of Merchants Say Enabling Crypto Payments Is High Priority

A survey conducted by Deloitte in collaboration with PayPal found that over 85% of merchants “are giving high or very high priority to enabling cryptocurrency payments.” In addition, “nearly three-quarters…

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75% of retailers eyeing crypto payments within 24 months: Deloitte

Improving customer experience, increasing the customer base and a hope their brand is perceived as “cutting edge” were the biggest reasons given for a desire to adopt crypto payments.

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Spanish Retailer El Corte Ingles Launches Crypto Exchange in Partnership With Deloitte

El Corte Ingles, one of the biggest retailers and distributors in Spain, has taken its first step into the cryptocurrency world. The company is reportedly launching its own cryptocurrency exchange…

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