Here at CF Benchmarks, we don’t downplay the fact that crypto is potentially one of the riskiest asset classes around.
Thinking more constructively though, how can those risks be managed?
In fact, because digital assets are so dissimilar to traditional assets in terms of technological complexity, their mode of economic participation and more, how do we even determine and measure such risks?
These are the kinds of questions our guest on the latest episode of CFB Talks Digital Assets, Kyle Downey, has been grappling with for years.
Kyle is co-founder and CEO of crypto risk analytics firm Cloudwall, and he quickly realised that although risk management is fundamental to any market activity, Cloudwall finds itself among the relatively few companies researching and constructing cogent models to credibly address that need.
We think the stimulating conversation between Kyle, Gabe Selby, CFA and Ken Odeluga, will be as educational for you as it was for us.
Some highlights:
The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell any of the underlying instruments cited including but not limited to cryptoassets, financial instruments or any instruments that reference any index provided by CF Benchmarks Ltd. This communication is not intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. Please contact your financial adviser or professional before making an investment decision.
Note: Some of the underlying instruments cited within this material may be restricted to certain customer categories in certain jurisdictions.
Large- and mega-cap digital assets surrendered part of their prior-week bounce in the most recent week, with Culture and high-beta themes leading the latest drawdown. Realized volatility held above implied, while factors and funding pointed to measured de-risking into larger, higher-quality names.

CF Benchmarks
Crypto prices might be locking into a nervous range, but a new arena of speculation - prediction markets - led by Kalshi, looks unstoppable. Meanwhile, digital asset ETF launches are accelerating.

Ken Odeluga
An exploration of the nature and scope of the crypto prediction market opportunity within the domain of U.S. regulations - where Kalshi is the dominant player.

Ken Odeluga