Grayscale CEO describes five crypto trends to watch in 2022

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Michael Sonnenshein, Managing Director of Grayscale Investments, outlines trends to watch as the crypto market collapses through 2022.

Sonnenshein said in a new letter to investors that he believes the digital economy is still in its infancy.

The CEO believes it is important for investors to watch the development of the crypto infrastructure in the new year.

“As the crypto economy and existing financial markets become more and more intertwined, these are likely to provide some of the most exciting long-term investment opportunities, and Grayscale is focused on identifying and providing rapid and transparent access to the protocols that form the backbone. of this ecosystem.

Sonnenshein also adds that it has been a challenge to sort out the proliferation of new cryptographic protocols.

“As we have been doing since 2013, we will continue to identify the most compelling opportunities and expand our offerings accordingly, both those focused on specific tokens, as well as more diverse and thematic funds.”

Executive Grayscale predicts that Web3 will experience “supercharged mainstream exploration and adoption” throughout this year, which he believes presents exciting investment opportunities.

He also believes that non-fungible tokens (NFTs) will continue to evolve in 2022.

“We expect to see an even deeper mix of the physical and digital worlds, especially around topics such as authenticity, provenance, ownership, etc., and across industries including fashion, music, games, real estate and ticketing.

Our team is very attentive to the evolution of NFTs.

Sonnenshein concludes that regulators and policymakers are more involved than ever with crypto right now.

“This allows the conversation to shift to how these new technologies – when given the right regulatory frameworks – can thrive, keeping crypto companies in the United States and setting a global standard for the regulation of crypto. cryptography. “

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