Cryptoasset Taxonomy Report Reveals a Concentration of Crypto Power

Cryptoasset Taxonomy

Cryptocompare, the cryptocurrency market data aggregator, has published a Cryptoasset Taxonomy Report. The nearly 80-page document is designed to provide investors, regulators and the industry with an independent classification of coins and tokens to help differentiate from a long list of ever-growing options.

The report is based on an analysis of over 200 crypto assets, using more than 30 attributes and covering a range of economic, legal and technological features. Researchers analyzed these assets from a variety of perspectives including regulatory classifications, access and governance, market cap and volume data, level of decentralization, and distribution and supply concentration.

Charles Hayter, CEO of Cryptocompare, said: “Daily, retail and institutional investment communities express an appetite to invest and develop investment products and instruments based on crypto assets. Key to this is the demand for a single, independent and trustworthy taxonomy offering transparency, consistency and confidence.”

rationalefixed

Share this post:

Latest Posts
coinrubicon.com

CoinRubicon.com is a crypto news publication that strives to provide the most relevant news to our audience as fast and accurate as possible. CoinRubicon.com is cryptocurrency and blockchain news publication. We work closely with our community to identify points of interest and determine where to spend the most resources. Your voice is very important to us because it can show us what you care about.