PricewaterhouseCoopers (PwC) has acquired a small ownership interest in VeChain, a China-based cryptocurrency with a market valuation of $2.7 billion. Raymund Chao, the chairman of PwC Asia Pacific and Greater China, said: “VeChain’s mission aligns with PwC’s purpose of solving important problems and building trust in society.” Over the past few months, the price of VEN has more than doubled from $2.5 to $5.52, and the acquisition of VEN by large conglomerates like PwC is expected to push the price of VEN further.