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.
Prediction Markets and the iGaming Wave
The US presidential debate at the end of June was a pivotal moment not just for the US election, but also for the breakout of crypto prediction markets into the mainstream. These markets have gone from relative obscurity to being quoted by the New York Times and Bloomberg, with over USD300m currently wagered on the election outcome.
peaq: Bringing Digital Assets to the Real World
Blockchain disruption is moving beyond the digital realm and into the physical. Today, physical infrastructure networks like mobile phone networks are capital intensive to build and as a result are highly centralized and run by oligopolies.
Telegram and the Next Billion Crypto Users
At Token2049 in Dubai, the founder of Telegram came on stage to make a string of announcements related to crypto integrations on the messaging platform. Telegram has almost 1bn users and over 800m of them now have access to Telegram’s crypto wallet.
The Bitcoin Halving
On April 19, Bitcoin will go through its fourth halving event. This is where the supply of new bitcoins issued to bitcoin miners is cut in half.
SX Network
The sports betting industry’s annual revenue was over USD100bn in 2023 and is growing at over 10% per year. It is a sizable and growing industry.
