| Table 3.1 | A Comparison of Digital Asset and Public Company Market Capitalizations: November 30, 2021 | 35 |
| Table 3.2 | Market Capitalization Weighting of the Bitwise 10 Crypto Index Fund: November 30, 2021 | 36 |
| Table 4.1 | Overview and Description of Selected Cryptocurrencies | 52 |
| Table 4.2 | One-year Pearson Correlations Between Prices of Major Cryptocurrencies | 56 |
| Table 5.1 | A Comparison of Key Characteristics of STOs, IEOs, and ICOs | 67 |
| Table 5.2 | A Regression Analyses of the Amount Raised (Log in $ Million) | 69 |
| Table 8.1 | Comparison of Security Tokens and Tokenized Securities | 111 |
| Table 8.2 | How Tokenization Benefits Business, Stakeholders, and the Traditional System | 113 |
| Table 10.1 | Key Differences between CeFi and DeFi | 145 |
| Table 13.1 | A Portfolio With and Without Bitcoin | 189 |
| Table 13.2 | Regression Results | 195 |
| Table 19.1 | Advantages of CBDCs | 287 |
| Table 19.2 | Disadvantages of CBDCs | 288 |
| Table 19.3 | A Comparison of Six Types of Money | 290 |
| Table 19.4 | CBDC Representations, Attributes, and Design Considerations | 292 |
| Table 19.5 | Account-based System: Advantages and Disadvantages | 294 |
| Table 19.6 | Token-based System: Advantages and Disadvantages | 295 |
| Table 19.7 | Architectural Designs Attributes | 298 |
| Table 3.1 | A Comparison of Digital Asset and Public Company Market Capitalizations: November 30, 2021 | 35 |
| Table 3.2 | Market Capitalization Weighting of the Bitwise 10 Crypto Index Fund: November 30, 2021 | 36 |
| Table 4.1 | Overview and Description of Selected Cryptocurrencies | 52 |
| Table 4.2 | One-year Pearson Correlations Between Prices of Major Cryptocurrencies | 56 |
| Table 5.1 | A Comparison of Key Characteristics of STOs, IEOs, and ICOs | 67 |
| Table 5.2 | A Regression Analyses of the Amount Raised (Log in $ Million) | 69 |
| Table 8.1 | Comparison of Security Tokens and Tokenized Securities | 111 |
| Table 8.2 | How Tokenization Benefits Business, Stakeholders, and the Traditional System | 113 |
| Table 10.1 | Key Differences between CeFi and DeFi | 145 |
| Table 13.1 | A Portfolio With and Without Bitcoin | 189 |
| Table 13.2 | Regression Results | 195 |
| Table 19.1 | Advantages of CBDCs | 287 |
| Table 19.2 | Disadvantages of CBDCs | 288 |
| Table 19.3 | A Comparison of Six Types of Money | 290 |
| Table 19.4 | CBDC Representations, Attributes, and Design Considerations | 292 |
| Table 19.5 | Account-based System: Advantages and Disadvantages | 294 |
| Table 19.6 | Token-based System: Advantages and Disadvantages | 295 |
| Table 19.7 | Architectural Designs Attributes | 298 |
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