Nuant

08/02/2023

Compliance and regulation are expected to play an increasingly central role in digital asset management in 2023, as the industry seeks to recover following the dramatic events of last year. Portfolio managers will need a set of tools that enable rapid and effective decision-making in a constantly changing environment, while providing metrics, analytics and insights to support compliance and due diligence.

Our latest article examines the elements that fund managers should seek out when building a portfolio management toolkit fit for purpose in 2023. An integrated view of all holdings combined with intelligent compliance features and analytics provides the foundation, while advancements in areas such as AI are making it easier to develop investment strategies.

What are the crucial tools you use for managing your crypto assets and strategies? Let us know your thoughts in the comments.

Read our full article here:
https://www.nuant.com/research/safety-first-crypto-market-protections-after-ftx-collapse

In the wake of FTX's collapse and what some have called crypto’s worst week ever, regulators are widely expected to take increased interest in the sector. Here's what to expect.

03/02/2023

Preparing for the Next Crypto Summer: Insights from Industry Experts

The digital asset sector had a rollercoaster year in 2022, however portfolio managers are already looking ahead and preparing for the next growth cycle. Nuant recently participated in a Blockworks webinar on the critical technology, systems, and processes that digital asset funds and asset managers need to consider when planning for the next crypto bull market.

Stuart Petersen (Chief Revenue Officer at Nuant), Matthew Hougan (Chief Investment Officer at Bitwise Asset Management), and Michael Hall (Chief Investment Officer at Nickel Digital Asset Management) shared their insights and expert opinions on the topic. The discussion was moderated by Graham Perry from Blockworks and centred around learning from past cycles, leveraging technology to manage costs, and the strong need for compliance - especially in the aftermath of FTX's demise.

Interested in learning more about the valuable insights and perspectives the panel shared on the digital asset sector and how funds and asset managers can prepare for the next crypto summer? Click on the link below to view the full summary of the webinar here:
https://www.nuant.com/research/preparing-for-the-next-crypto-summer-technology-infrastructure-considerations

Alternatively, you can also view the on-demand recording here:
https://blockworks.co/webinar/preparing-for-the-next-crypto-summer-technology-infrastructure-considerations

The dot.com bubble burst of 2001 resulted in many funds going out of business, and those that survived realized the importance of managing their bottom and top lines, as well as improving workflows, tools, data, and systems. Today, investors are more demanding than ever, and increased regulation is....

03/02/2023

As the popularity and use of cryptocurrencies continues to grow, it is becoming increasingly important for regulators to establish a clear and effective framework to ensure their success and stability.

This Bloomberg Opinion piece from Bill Dudley argues that crypto is worth fixing, highlighting the need for regulatory action and the opportunities it presents for shaping the future of finance. It is time for regulators to take proactive measures to establish a clear and effective regulatory framework to drive progress in the industry.

https://www.bloomberg.com/opinion/articles/2023-01-25/crypto-is-worth-fixing-regulators-should-get-moving

A more proactive approach could maximize the benefits of a technology that still has potential.

03/02/2023

Even by the standards of the infamously volatile crypto markets, 2022 was an outlier. And as the digital asset market continues to evolve, it is critical for crypo investors to stay ahead of the curve and have a deep understanding of the latest trends and developments.

In our latest research article, "Navigating the Digital Asset Markets in 2023", we delve into the key factors shaping the future of digital assets. We explore the impact of regulation, the growing influence of institutional investors, and the changing attitudes towards risk.

Read the full article:
https://www.nuant.com/research/navigating-the-digital-asset-markets-in-2023

After such a dramatic, volatile year in 2022 with the collapse of operators like FTX, LUNA and 3AC, how should portfolio managers prepare for what 2023 may bring?

03/02/2023

Last year may have been a turning point for NFTs. After the hype of 2021, 2022 saw general sentiment turn against what was seen as a greed-fuelled craze – and yet NFT sales in 2022 topped just over 100 million, nearly 68% more than the previous year.

It seems that, beyond the headlines, NFT projects were quietly getting on with finding real utility for the controversial tokens, and catching up with DeFi in dApp domination. What will the future of the NFT sector look like as it matures?

Read the full story on Cointelegraph:
https://cointelegraph.com/news/nft-sales-topped-101-million-in-2022-dappradar-report

DappRadar estimates the overall NFT sale count reached 101 million, with the Ethereum ecosystem holding 21% of the market share of NFTs.

03/02/2023

Will the bankruptcy of crypto’s marquee lender, Genesis Global Capital, spell the end for the centralized lending industry or be a turning point for growth & innovation?

Juicy high-yield products such as Gemini Earn, Celsius Network or BlockFi attracted swathes of retail investors who may have been turned off for good as platform after platform collapsed. On top of the issue of cratering lending volume, the industry will face increasing pressure from regulators. So what's next?

Writing on Bloomberg, Emily Nicolle suggests that DeFi may be ready to step into the gap, with surviving CeFi platforms embracing greater regulation for a safer industry.

Read the full article:
https://www.bloomberg.com/news/articles/2023-01-20/crypto-lending-teeters-on-brink-of-extinction-after-genesis-collapse?srnd=cryptocurrencies-v2

The bankruptcy of crypto’s marquee lender, Genesis Global Capital, may be one more blow than the industry can withstand, at least in its current form.

25/01/2023

Bitcoin ETFs have long been in demand, with proponents arguing that they would represent a safer way to invest that is more aligned with vehicles available on traditional markets. However, across the globe, regulators have adopted very different stances toward crypto-backed exchange-traded products.

In our latest research article, we explore the case for Bitcoin ETFs and survey the current state of progress regarding regulatory approval for such products in major trading jurisdictions across the globe. Where are financial watchdogs leading the way, and where are they putting rocks on the road?

To learn more and gain valuable insights, access the full report now at:
https://www.nuant.com/research/breaking-down-barriers-to-bitcoin-etps-the-current-state-of-digital-asset-index-investing

Index investing in ETFs has grown popular in traditional markets, but launching crypto-backed ETFs has faced regulatory challenges. This article examines the case for crypto index investing and the current state in major trading jurisdictions.

24/01/2023

As an asset manager in the digital asset sector, how can you best prepare yourself for the next crypto summer?

Join us this Thursday at 12:00 ET // 18:00 CET for our Blockworks webinar with Stuart Petersen (Nuant), Matthew Hougan (Bitwise Asset Management) and Michael Hall (Nickel Digital Asset Management), where we will explore the different facets of this exciting topic.

Register via the link below:
https://blockworks.co/webinar/preparing-for-the-next-crypto-summer-technology-infrastructure-considerations

The dot.com bubble burst of 2001 resulted in many funds going out of business, and those that survived realized the importance of managing their bottom and top lines, as well as improving workflows, tools, data, and systems.

Today, investors are more demanding than ever, and increased regulation is on the horizon. In this webinar, we will discuss how investments in technology, systems, and processes across the organization can help funds better manage costs, provide teams with optimal tools and systems, and ultimately win and retain business as we prepare for the next growth cycle.

20/01/2023

The digital asset markets have historically suffered from a lack of standardization, leading to a dearth of adequate benchmarking and indexing tools and providers.

However, the influx of institutional and professional investors over recent years means that the landscape is beginning to shift. Our latest article examines the challenges of attempting to fit an emerging asset class into established industry standards and looks at the recent progress being made by crypto-native and traditional finance firms toward creating institutional-grade indices for benchmarking assets.

Indices play a critical role in the financial system. Yet so far, institutional-grade indices and indexing services for digital assets have been slow to emerge.

16/01/2023

CBDCs (Central Bank Digital Currencies) have gained significant traction in the last two years as more countries have made progress into the extensive research and development necessary to the launch of a national digital currency. According to the Atlantic Council, which tracks CBDC development, there are now 105 countries exploring a , representing over 95% of global GDP. In contrast, in May 2020 only 35 countries were considering a CBDC.

Learn more about the various CBDCs' development state and their potential impact on the markets in our latest research article. Will CBDCs really work?

https://www.nuant.com/research/central-bank-digital-currencies-what-are-they-and-why-do-they-matter

Central bank digital currencies (CBDCs) have gained significant traction in the last two years as more countries have made progress into the extensive R&D necessary to the launch of a national digital currency.

10/01/2023

A side effect of the Ethereum Merge was the sudden freeing up of enormous mining capacity – with the Dogecoin, Litecoin and Syscoin networks all benefiting.

The computing equipment no longer needed to provide network security for Ethereum seems to have reallocated to these smaller blockchains, which have enjoyed higher hash rates (and therefore stronger security) since the Merge. However, the increase cannot be entirely attributed to old Ethereum rigs being repurposed. Rather, changing economics (including relative price movements as well as equipment and energy costs) seem to have attracted new miners to these networks.

Read more: https://bit.ly/3ZnvenO

The Ethereum Merge wiped out an enormous segment of the crypto mining sector. But where did all that hash rate go?