Book contents
- Frontmatter
- Contents
- Editorial Board Members
- Acknowledgements
- Part I Institutionalisation of Digital Assets
- 1 Institutionalisation of Digital Assets
- 2 How and When Are Cryptocurrency Predictable? Backtesting Their Portfolio Economic Value
- 3 DeFi versus TradFi Valuation Using Multiples and Discounted Cash Flows
- Part II Digital Assets and Decentralised Finance
- Part III Regulations and Compliance of Digital Assets
- Part IV Cryptocurrency Economics and Monetary Policies
- Abbreviations
- Index
- References
1 - Institutionalisation of Digital Assets
from Part I - Institutionalisation of Digital Assets
Published online by Cambridge University Press: 06 March 2025
Book contents
- Frontmatter
- Contents
- Editorial Board Members
- Acknowledgements
- Part I Institutionalisation of Digital Assets
- 1 Institutionalisation of Digital Assets
- 2 How and When Are Cryptocurrency Predictable? Backtesting Their Portfolio Economic Value
- 3 DeFi versus TradFi Valuation Using Multiples and Discounted Cash Flows
- Part II Digital Assets and Decentralised Finance
- Part III Regulations and Compliance of Digital Assets
- Part IV Cryptocurrency Economics and Monetary Policies
- Abbreviations
- Index
- References
Summary
There has been progress made in the adoption of digital assets by institutional investors. Large institutions including Fidelity, BlackRock, and several investment banks have started providing products and services to satisfy the needs of their clients. Hedge funds and venture capital funds are also investing in digital assets. Global exchanges have introduced investable products based on cryptocurrency derivatives. The number of ways one can invest in digital assets is expected to grow with the introduction of new products. Digital assets are still very new and carry considerable risk. It is prudent of regulators to cautiously approach regulation. At the same time, the markets are looking for clarity from financial regulators. If and when there is more regulatory clarity, the pace of adoption is likely to pick up.
Keywords
- Type
- Chapter
- Information
- Digital AssetsPricing, Allocation and Regulation, pp. 3 - 16Publisher: Cambridge University PressPrint publication year: 2025
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