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29 September 2020

Report on global blockchain ecosystem by CV VC, PwC and Cointelegraph

Report on global blockchain ecosystem by CV VC, PwC and Cointelegraph


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Report on global blockchain ecosystem by CV VC, PwC and Cointelegraph.

Entitled “CV VC Global Report H1/2020,” this report provides a detailed overview of companies applying blockchain technology across eight different sectors, including art, crypto banking, crypto exchanges, custody providers, market makers, platform and protocols, token issuance companies, and venture capital.

Nicolai Reinbold, a report co-author and the incubation and ecosystem manager at CV VC, told Cointelegraph that the goal of the new report is to map out the global blockchain ecosystem, outlining the main activities of top organizations in each sector:.

According to Reinbold, the CV VC Global Report consists of data taken from company sources, crypto exchanges, media reports and social media channels.

In order to highlight this, the CV VC Global Report includes an entire section on crypto banks and brokers.

According to Imbach, a regulatory digital asset ecosystem is critical for the development of crypto assets.

Yet according to the report, the crypto custody market is often overlooked.

While this may be, custody providers are critical for the adoption of crypto, particularly within the institutional space.

Adrien Treccani, the founder and CEO of METACO — a crypto custody provider — noted that adoption by large global institutions like Libra and PayPal are highlighting the need for trusted entities to manage crypto assets.

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