3 Top Takeaways: Oppenheimer Blockchain & Digital Assets Summit

Amberdata CEO Shawn Douglass participated in the Crypto Data panel at the Oppenheimer Blockchain & Digital Assets Summit virtual event. The panel, which also included Josh Frank from The Tie, Michael Gronager from Chainalysis, and moderation from Oppenheimer's Own Lau, talked about all things crypto data and current happenings in crypto.

Here are the top 3 takeaways:

1. FTX was crypto’s Enron moment. While its expected that the FTX fiasco will jump-start the US regulatory framework, it also shines a light on the need to leverage the radical transparency already available in crypto.
2. Large traditional capital market players are outpacing crypto native firms in leveraging crypto data providers. They recognize the value in having a single, trusted lens into the ecosystem.
3. Crypto native firms have much to learn about risk management from the traditional financial firms. There is no excuse for a lack of transparency when transparency is readily available. 

A recording of the full discussion is available here:

Download our ebook, "The Decentralized Finance (DeFi) Primer", to learn more about DeFi and why institutions need a data partner like Amberdata to take advantage of this fast-growing segment of the digital asset space.