Blockchain Capital

2) At a macro level, the narrative of bitcoin as an uncorrelated asset emerged. In the face of rising global instability and negative yields, allocators are in need of alternative stores of value.pic.twitter.com/CSz8HUZdVj

3) Crypto asset markets recovered in 2019, but bitcoin accounts for the majority of market growth.pic.twitter.com/KXb2gFMU61

4) ICOs returned in the form of IEOs, although this has not proven to be a sustainable model for most platformspic.twitter.com/mYjpKTAnT1

5) A few major chains launched, with 15+ more on the horizon, but none have unseated Bitcoin or Ethereum.pic.twitter.com/WpsydpWYnX

6) Financial institutions and crypto startups made major moves into increasing access and tooling for crypto clients.pic.twitter.com/a04UOhDrs6

7) Facebook’s Libra took the world by surprise, surfacing questions around big tech’s dominance and Libra’s potential impact on the dollar.pic.twitter.com/d71mPSlp4s

8) Regulators were busy in 2019 - two major regulatory areas emerged for the industry around the classification of assets and transmission of value.pic.twitter.com/ogvlbDfJqX

9) Growth in DeFi lending remains a dominant theme, led by MakerDAO and Compound.pic.twitter.com/jSuAkf9dRJ

10) Looking ahead, the industry may shift from horizontal competition to vertical construction as developers begin building up the stack.pic.twitter.com/TRgi7BolTF