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CoinGecko and 21Shares propose global crypto classification standard

Published 02/08/2023, 08:00 AM
Updated 02/08/2023, 09:40 AM

Major cryptocurrency data aggregator CoinGecko and crypto investment firm 21Shares have joined forces to launch a global standard for classifying various crypto asset.

On Feb. 8, CoinGecko and 21Shares released The Global Crypto Classification Standard report, proposing a uniform method to categorize crypto assets. The effort aims to help investors and regulators better understand the specifics of each asset class in crypto, including potential failures like those seen by the industry in 2022.

Six examples of “crypto stack” classification. Source: 21Shares and CoinGecko

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