The new startups have raised millions of dollars, which again might sound like chump change from a crypto perspective, but was “unthinkable until about a year ago,” said Ted Galebach, founder of Uqbar Network, one of the newer players on the scene. The number of developers in the ecosystem is now in the “low hundreds,” Galebach estimated, up from dozens a year ago and “less than a dozen, if that” in mid-2020.
A New Paradigm for Financial Infrastructure and Innovation
These examples and others, including tokenized gold, demonstrate how digital asset networks are used as the underlying digital infrastructure for...