CMCC Global writes monthly to investors, sharing our views on market dynamics and demystifying this new asset class.
Industry Insights
Insights
Here we share selected insights, exploring important topics in the blockchain ecosystem.
DeFi in 2020
Over the last year the DeFi ecosystem has seen significant growth, with the total value locked in DeFi contracts on Ethereum growing from USD500m in September 2019 to over USD10bn today.
Project Serum
FTX, one of the world leading cryptocurrency derivatives exchanges, has launched a decentralized exchange called Serum that runs on Solana. Serum is a decentralized exchange for spot and derivative trading and has been met by excitement in the industry as FTX is one of the most prominent and well-respected exchanges in the digital asset space.
Cosmos and the Launch of IBC
Cosmos is set to release its Stargate update, the largest upgrade to date that activates Inter-Blockchain Communication (IBC) and unleashes full network functionality.
The Road to Ethereum 2.0
In November 2019, we wrote about the proposed rollout of Ethereum 2.0. The first phase of this upgrade is expected to take place in Q3 2020 and is being eagerly monitored by the crypto community.
Trading Infrastructure
The trading infrastructure surrounding digital assets is maturing. Trade volumes have risen dramatically over the last three years, helped to a large degree by the creation of derivative markets and over USD1 billion in investments allocated to institution-serving firms.
