This paper discusses the key drivers for the considerable institutional interest in the crypto sector particularly in lending against crypto in which this nascent market has grown over 10x in 2020, and where worldwide total lending volume is now upwards of $15 billion.

Highlights from the paper:
• Current global market capitalisation of crypto assets compared to more established asset classes.
• Potential future crypto lending opportunities.
• The various firms and service providers servicing this emerging crypto lending market.
• The growing proportion of DeFi lending against crypto.
• Key elements to consider across different crypto lending options.