2020 has been a year of upheaval throughout the world. Overshadowed by the COVID-19 pandemic, the events of this year brought forth new challenges no one was prepared for, upending the way we live, work, and transact. Early this year, global financial markets took a severe hit as stocks, commodities and even cryptocurrency prices fell.
Against the backdrop of economic uncertainty and the declining value of the U.S. dollar, crypto assets are moving higher up the radar screens of commercial banks, hedge funds and other institutional investors. As we approach the end of a tumultuous year, it would be timely to recap the events that have been significant for the crypto industry this year, while looking ahead to new developments in 2021.
Eddy Travia is the CEO of Coinsilium, a focused blockchain, DeFi and crypto finance venture operator. Eddy has extensive experience in private equity, deal structuring, due diligence supervision and advising foreign funds and angel investors investing in emerging markets. Eddy has been living in Asia for 15 years and has recently been appointed the Director of IOV Labs Asia, a Singapore-based joint venture between Coinsilium and IOV Labs. Eddy completed the Stanford Financial Engineering program for finance executives in Hong Kong and Oxford’s Algorithmic Trading program.