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Enthusiasm about crypto is big and growing exponentially. Last November, digital assets surpassed a $3 trillion market cap,1 up from $14 billion just five years prior, with roughly 40 million people having invested in, traded or used cryptocurrencies.2 Countries are curious about digital assets too. Over 100 nations are exploring or piloting a digital form of their country’s sovereign currency.
But it’s not just the asset class, or any newfangled currency, that’s causing excitement.
News of new applications for crypto technology continues to crop up in surprising places. Ranchers in Wyoming are using cattle tracking non-fungible tokens (NFTs) to identify individual steer, prove ownership and trace each one through the supply chain.3 Artist...
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