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.
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.
Over the coming decades, digital assets are going to embed themselves into our digital lives. In some cases, this will be plainly obvious, with digital wallets being downloaded to hundreds of millions of smartphones.
Avalanche is a layer-1 ecosystem that is growing in stature and popularity. While it is known for having strong technical capabilities by offering high throughput, scalability and flexibility, a more recent narrative surrounding the ecosystem is its appeal to enterprise and institutional users.
One theme that has come to prominence this year is the tokenization of real-world assets, also known as “RWA”. Declining yields in the decentralized finance (DeFi) space have pushed crypto natives towards earning yield through traditional financial products.
In early 2022, our digital asset Fund 4 invested into the newly relaunched LimeWire. We wrote up our investment case and discussed how LimeWire was sitting at the intersection of NFTs and music.