Political Risk
Elections and Crypto Markets: How Political Change Moves Tokenization Investment
The 2024 US election — with its $202M crypto PAC spending, 300+ pro-crypto Congress elected, and Paul Atkins at the SEC — demonstrated that political transitions are the largest single driver of regulatory change and investment repricing in crypto markets.
The Regulatory Risk Premium in Tokenized Assets: Measuring Policy Uncertainty
Tokenized assets trade at discounts or premiums based on regulatory clarity — the 'regulatory risk premium' that sophisticated investors must price when evaluating tokenization opportunities across jurisdictions.