Sarson Funds | Cryptocurrency & Blockchain Investment Funds

Access research

Cryptocurrency Financial Advisors

Weekly Market Update: The Rising Tide of Crypto Adoption

Worldwide crypto adoption has continued to gain strength over the last couple of weeks along with the numbers of blockchains introducing new capabilities. Several nations are exploring regulations over cryptocurrency.  Wealth managers are eyeing the investment possibilities offered by digital assets. All of these are signs that the trends toward digital asset adoption are continuing.

Ethereum blockchain competitor Cardano has formed a deal with Dish Network to provide digital identity services to Dish Network customers. In addition, Cardano has partnered with Chainlink to help develop smart contracts for DeFi apps. 

Peru is the latest sovereign nation to display significant adoption of cryptocurrency. The Peruvian sol (PEN) is the new stablecoin of Peru, built on the Stellar Lumens blockchain network and pegged to Peru’s official fiat currency and. The so-called “digital sol” is issued by Anclap, a Latin American stablecoin issuer. Anclap expects other Latin American stablecoins to launch later this year. 

A new survey conducted by Nickel Digital Asset Management, interviewed 100 wealth managers and institutional investors of which 62% indicated that they expect to invest in cryptocurrencies for the first time within the next year. 

As mentioned in a previous newsletter, fractional real estate ownership through NFTs is a materializing concept. Buyers can now own payload space assets in the form of NFTs on Lunar Outpost’s M1 MAAP rover which will be launching to the moon in late 2022. NFTs are making it easier for anyone to partake in the ownership of space assets.

Follow Sarson Funds on Twitter, LinkedIn and Facebook for the latest developments in the crypto space.

By Ivan Dimov

Disclosures: Not investment advice. It should be assumed that Sarson Funds or its affiliated managers hold positions in all projects that are discussed. It is not possible to invest in any project directly through Sarson Funds, Inc. or its affiliated managers. Any investment product offered by managers affiliated with Sarson Funds should be assumed to be only available to Accredited Investors and subject to the individual terms and conditions of that offering including but not limited to those eligibility requirements associated with U.S. Securities Regulation D, section 506c. Talk with your financial advisor before making any investment decisions or have them contact Sarson Funds directly at


Follow Sarson Funds

More Articles & Research

Get The Latest Updates

Subscribe To Our Weekly Newsletter

No spam, notifications only about new products, updates.

More From Sarson Funds

On Key

Related Posts