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.
It was recently announced that CMCC Global, through our Titan Fund, was the lead investor in the oversubscribed first round of fundraising for Informal Systems. This was an extremely competitive deal, and we were thrilled to invest alongside other notable VCs and prominent crypto projects.
Anoma is taking a radical new approach to how blockchains function. Today, users submit transactions to platforms like Ethereum. These transactions must be specific, defining the exact parameters of the transaction.
Bitcoin has had a phenomenal start to 2023, with the asset up over 70% year-to-date. It is outperforming the rest of the crypto market and is benefiting from both an old and new narrative.
On 12th April, Ethereum underwent the long-awaited Shanghai upgrade, completing its transition to proof of stake and signalling that the age of staking is truly upon us. The migration to proof of stake has taken Ethereum several years to complete and this upgrade is the most anticipated since Ethereum underwent “the Merge” in September 2022.
The state of crypto regulation is fragmented, which may localize innovation and impact regional investment returns. This month we will investigate these global discrepancies and explore how to take advantage of the evolving regulatory landscape.