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DWF Ventures Wraps Up a Whirlwind Year in Crypto
- The year 2024 has been a diverse narrative for the cryptocurrency landscape with innovations including decentralized finance (DeFi), the explosion of real-world assets (RWAs) onchain and the rise of memecoins as cultural phenomena.
- In addition, Bitcoin began the year just under $40K, making its rally to six-digit dollar territory the most blatant embodiment of how far crypto’s come.
- The industry showed record growth in sectors such as stablecoins and RWAs, while memecoins created a trading frenzy that dwarfed every other on-chain vertical.
- ETFs, Bitcoin and Ethereum spot ETFs, were the most anticipated events of the year opening the floodgates to institutional inflows.
- The infrastructure for professional investors in DeFi has been rapidly improving this year, including better solutions for custody, compliance and asset tokenization.
- Real-world assets have become a multi-billion dollar sector, including stablecoins, predicted to be a $10T industry by 2030 that is now being tokenized and traded onchain.
- The rise of AI agents, DeSci, GameFi, TravelFi, and other DeFi derivatives added to crypto's prolific year.
- The unpredictable global economy could result in a bumpy ride for crypto in 2025. However, few would bet against crypto being in a better place 12 months from now.
- Crypto is finally closing in on the dream of mass adoption, and next year will influence it to come to pass.
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