PYPL - 99% Of Financial Services Companies Pursued Crypto Projects In 2023: Paxos | Benzinga
A new survey reveals that 99% of U.S. financial services companies put similar, or more focus, on crypto or blockchain projects in 2023 compared to prior years.
What Happened: Paxos surveyed 400 U.S.-based executives from companies with at least $50 billion in assets under management or $50 billion annual payments volume. Here's a breakdown of the findings:
- Around 80% of enterprises have dedicated in-house blockchain technology teams
- 60% of them plan to expand their employee base for that function in 2024.
- Out of them, around 56% ...