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
To be the first to get the latest news on Sygnum and the market, expert insights and industry research please follow us on Linkedin and Twitter.
This document is purely for educational purposes and has been issued by Sygnum Group. It is not intended for distribution, publication, or use in any jurisdiction where such distribution, publication, or use would be unlawful, nor is it aimed at any person or entity to whom it would be unlawful to address such a marketing communication. It does not constitute an offer or a recommendation to subscribe, purchase, sell or hold any security or financial instrument. It contains the opinions of Sygnum Group, as at the date of issue. These opinions and the information contained herein do not take into account an individual‘s specific circumstances, objectives, or needs. No representation is made that any investment or strategy is suitable or appropriate to individual circumstances or that any investment or strategy constitutes personalized investment advice to any investor. Therefore, you must verify the above and all other information provided in the document or otherwise review it with your external advisors. Some investment products and services, including custody, may be subject to legal restrictions or may not be available worldwide on an unrestricted basis. The information and analysis contained herein are based on sources considered as reliable. Sygnum Group uses its best efforts to ensure the timeliness, accuracy, and comprehensiveness of the information contained in this document. Nevertheless, all information indicated herein may change without notice.