CMCC Global writes monthly to investors, sharing our views on market dynamics and demystifying this new asset class.
Here we share selected insights, exploring important topics in the blockchain ecosystem.
The future of Bitcoin has never looked more certain. In the 15 years since Bitcoin's inception, it has transformed from a niche experiment into a globally recognized financial asset. Today it serves as a digital store of value and a tool for decentralized finance. Tomorrow, it may become the reserve asset of the world.
In October, at the annual Avalanche Summit, Avalanche9000 was unveiled; the most significant network upgrade since the Avalanche mainnet was launched. This update will revolutionize how developers create and launch layer-1 blockchains on Avalanche.
Solana has become the clear challenger to Ethereum. Surging growth in the Solana ecosystem, coupled with innovative infrastructure upgrades makes it a much faster smart contract platform with growing attention from both users and developers.
CMCC Global investment thesis
The fall of FTX shook the financial world and ignited conversations about the security, sustainability and future of crypto trading. In response to this, new companies and projects have emerged that offer superior decentralized solutions that mitigate the custody risks inherent in centralized platforms like FTX.