Broad digital assets adoption continues to result in robust capital markets activity including multiple IPOs.Coincident with the rise in crypto-related equity capital markets activity in the month, we also have noticed a marked increase in the volume of broker research on cryptocurrencies in our inboxes.Amidst a macro backdrop of supply chain-related shortages and inflation worries, the market's transition to “de-materialized” products and services such as NFTs and digital land in the metaverse appears to be accelerating.
