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January 01, 2022

December 2021 Market Commentary

Digital assets sold off in December in a challenging market environment against the backdrop of year-end seasonality, portfolio rebalancing, profit-taking, and tax considerations. We see a deeper focus on web3 emerging, particularly within the DeFi sector, where we see an attractive rate of return relative to other sectors right now, including gaming, NFTs, and Layer 1 valuations.

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