Crypto Classification Seeks to Make Industry More Welcoming to TradFi Participants

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.coingecko and 21co__ are rolling out a classification system for crypto assets, the latest in a growing number of efforts to map the taxonomy of the industry and make it more accessible for TradFi participants. By JamieCrawleyCD

that classifies the top 500 digital assets by market capitalization into use case and technology and then into industry and sector.

“It is crucial as there are still many misconceptions regarding crypto from traditional finance institutions,” a In short, the aim is to help companies and investors answer some basic questions about a network or protocol: What does it do? What type of token is associated with it? To what asset class does it belong?

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