Discover the top news in crypto for the week!
This week, crypto reached record levels of investment while experts gathered to predict the trends for the sector next year. At the same time, Sygnum launched a new structured product offering the best of DeFi, while the adoption of crypto keeps growing. Find out the top 5 crypto news of this week.
Sygnum launches DeFi investment strategy with new structured product solution
Decentralised finance (DeFi) is the future of the financial system, with people at the core of the decisions and opportunities.
Sygnum is bringing diversification, efficiency, and security to the DeFi space with a new structured product, DeFi+ Core, giving investors exposure to blue-chip DeFi protocols. The product was issued with Sygnum’s structured product issuance solution, and it is available for institutional investors, starting with a $10,000 investment. Read more
World invested $30 billion in crypto in 2021; more than all previous years combined: Report
Crypto is soaring with record funding into crypto and blockchain startups, while the crypto market tapped $3 trillion this year.
Venture capital funds have invested more this year than all the combined investments done in previous years, registering inflows of $30 billion so far in 2021.
Crypto usage and adoption are growing worldwide, but the US still represents a quarter of the total amount invested, with FTX leading the ranking of funding rounds. Read more
11 most interesting DAOs of 2021
Decentralised Autonomous Organisations (DAOs) rose in popularity in 2021, offering more governance power for internet communities around their favourite projects while increasing their financial opportunities.
DAOs are even leading the way of the DeFi 2.0 trend, with new financial incentive mechanisms based on rebase tokens. The most interesting DAOs of 2021 include blogging platforms, DeFi protocols, and online communities united by a common goal. Read more
NFTs, stablecoins and the value of bitcoin: Predictions for crypto assets in 2022
What are the top predictions for crypto in 2022? Experts range from the maturity of stablecoins to estimates on bitcoin’s price.
Experts believe we will enter a new stage of development concerning stablecoins, a segment within crypto where the supply grew over 380 percent this year, with more regulations coming.
The rise of NFTs and their maturity is also a top prediction, with the tokenization trend continuing to shape industries, while some experts believe we could see bitcoin cross the $100,000 mark next year. Read more
Retailers to drive crypto payments adoption: Survey
A new survey by payment network Mercuryo revealed that 57 percent of participants believe that companies that accept payments with crypto assets have a competitive advantage.
The study also showed that over 33 percent of customers already ask businesses to pay with digital assets, including bitcoin and ether.
More than 70 percent of large businesses see crypto payments as the future and notice interest from suppliers to get paid in crypto. Read more
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