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DeFi vs TradFi: Valuation Using Multiples and Discounted Cash Flow
As of August 2022, blockchain-based assets boast a combined market capitalisation exceeding one trillion USD, among which the most prominent are the decentralised autonomous organisation (DAO) tokens associated with decentralised finance (DeFi) protocols.
Confronting Machine Learning With Financial Research
We discuss some of the main challenges of machine learning in finance and examine how these could be accounted for.
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