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3 GLOBAL CRYPTOASSET BENCHMARKING STUDY

Apolline Blandin, Dr. Gina Pieters, Yue Wu, Thomas Eisermann, Anton Dek, Sean Taylor, Damaris NjokiSeptember 20203RD GLOBAL CRYPTOASSET BENCHMARKING STUDY supported byDisclaimer: Data for this report has been gathered primarily from online surveys. While every reasonable effort has been made to verify the accuracy of the data collected, the research team cannot exclude potential errors and omissions. This report should not be considered to provide legal or investment advice. Opinions expressed in this report reflect those of the authors and not necessarily those of their respective OF CONTENTSFOREWORDS ..4 RESEARCH TEAM ..6 ACKNOWLEDGEMENTS ..7 EXECUTIVE SUMMARY ..11 METHODOLOGY ..14 SECTION 1: INDUSTRY GROWTH INDICATORS ..17 Employment figures.

Centre for Alternative Finance and assists with the data collection process. t.eisermann@jbs.cam.ac.uk Anton Dek (Dr.) is a Research Associate at the Cambridge Centre for Alternative Finance and leads on the development of digital tools at the CCAF, such as the Global Alternative Finance Benchmark Dashboard. a.dek@jbs.cam.ac.uk @dektox

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