Crypto: what happens next year?

Crypto: what happens next year?

Will there be a recovery from the crypto chaos in 2023? Should the worst come to the worst the declines couldn’t be as bad as they were this year; digital assets don’t have that far to fall in comparison with where they were last spring.

There were many positive developments in the digital investment world in 2022 despite the headlines that focused on market crashes, bankruptcies and so forth. There was continued and substantial investment in the infrastructure being developed to support the digitalisation of investing. It has been growing rapidly and is likely to be transformative before long.  

In particular, the technology being developed to support tokenisation of
real assets expanded rapidly this year. Tokenisation of real assets is the process of fractionalising anything which has an exchange value. Asset tokenisation means issuing a token, on a tangible asset like real estate, within a blockchain.

To read more on this story, see the December issue of The NED.

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