Institutional interest in cryptocurrencies has been growing with adoption over the years. In particular, the SEC’s approval of spot Bitcoin ETF products has helped to further increase this interest. However, it’s not just Bitcoin in the corporate basket. Giant companies are investing in many altcoin projects that they see potential in. In this context, analysis firm Arkham took a look at the portfolios of 6 leading investment companies.
Here is the altcoin portfolio of 6 giant investment companies!
As you have been following on Kriptokoin.com, the market has been fluctuating. However, corporate companies’ interest in cryptocurrencies continues. To give crypto investors and traders an idea, the analysis company Arkham conducted a research. In this context, the analysis company looked at the portfolios of 6 investment companies that stand out with crypto investors. These companies include Paradigm, Andreessen Horowitz (a16z), Blockchain Capital, SCP Spartan Group and Dragonfly.
Arkham’s survey revealed some interesting results. For example, UNI occupies more space in the basket of a16z, one of the giant companies, than ETH. Also, new altcoin projects stand out in Spartan Group’s portfolio. The top 3 altcoins in the companies’ portfolios are as follows:
- Paradigm: Ethereum (ETH), Lido DAO (LDO), Optimisim (OP).
- Andreessen Horowitz (a16z): Uniswap (UNI), Compound (COMP), Ethereum (ETH).
- Blockchain Capital: Ethereum (ETH, Aave (AAVE), Uniswap (UNI).
- SCP: Wapped Ethereum (WETH), Wrapped Bitcoin (WBTC), Tether (USDT).
- Spartan Group: Pendle (PENDLE), Beam (BEAM), Galxe (GAL).
- Dragonfly: Bitget Token (BGB), Compound (COMP), Ethereum (ETH).
a16z Crypto publishes 5 rules for token issuance
a16z Crypto published an article today stating that the tension between blockchain founders and the SEC appears to be over-excited. The SEC argues that almost all tokens should be covered by US securities laws. Blockchain developers say this is absurd. Despite their differences of opinion, the SEC and Blockchain founders have the same fundamental goal. That is, both sides want a fair competitive environment. According to a16z Crypto, projects can start with the following five token issuance rules:
- Don’t sell public tokens in the US for fundraising purposes.
- Decentralization is your direction.
- Communication is everything and self-manage accordingly.
- Be cautious about secondary market listings and pay attention to liquidity.
- Always make sure that the token lock-up period is at least one year from the token issuance date.
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