From the Foreword:
It is my great pleasure to announce the release of the second Global Cryptoasset Benchmarking Study produced by the Cambridge Centre of Alternative Finance based at the University of Cambridge Judge Business School. It examines significant developments in the global cryptoasset ecosystem that have occurred since the publication of our initial benchmarking study of cryptocurrencies in April 2017. The emphasis on ‘global’ in the title of this study is critically important given the increasingly fluid, borderless nature of the cryptoasset industry. It also reflects a core competence of our research centre, which is engaging in empirical research investigating global technology-enabled financial innovation emerging outside of the incumbent financial system. For our 2nd cryptoasset report the research team spent several months collecting data from more than 180 entities in 47 different countries, which represents a 25% increase in both the number of participants and countries represented in comparison to our 2017 benchmarking report.
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