SPiCE VC is a Venture Capital fund providing its investors exposure to the massive growth of the Blockchain and tokenization ecosystem. We invest in companies building the ecosystem, with winning products and services, and strong teams capable of executing on their vision and leading their domain. Companies who stand to benefit the most from the massive growth of the industry. Our predictions for 2021 include: On China \tChina will make the fastest progress in the Blockchain\/DLT domain via major investments across many verticals using DLT and DLT infrastructure\/ecosystem. The result will be a flow of projects going into production in 2021. On Central Bank Digital Currencies (CBDCs) \tCBDC Prediction: Some implementations will already materialize (early stages\/adoption projects), including (and most likely) in China. Switzerland is also making headway, along with other healthy EU initiatives. On Enterprise Blockchain: \tCorporate and institutional focus will be heavily weighted towards permissioned blockchains. On Digital Securities: \tDigital Securities Predictions: \t\u00a0Digital Security issuances will grow in size, and some will be involving large banks and institutional players, In the US, EU and Japan. \t2022 will be the year where we start seeing more digital securities liquidity, but some of the signs will be there by late 2021. \tJapan will become a significant jurisdiction pushing digital securities projects. Significant digital securities related activity from major Japanese capital markets players On DeFi: \tDeFi Prediction: DeFi noise will quiet down, and although some activity will remain, DeFi will become more of a niche \u201cwild-west\u201d aspect of the digital assets domain, with more limited impact than many anticipated in 2020. On\u00a0Institutional\u00a0Investors: \tThere will most certainly be significant Institutional adoption and investment in Blockchain\/DLT technology and projects. The focus of these institutional players will be in financial verticals like banking, capital markets, payments and insurance. \tCorporate and institutional focus will also be heavily weighted towards permissioned blockchains. On Regulation: \tThere will be major progress towards the passing of the US crypto currency act, which will lead to the rapid evolution of the industry \u2013 creating a more certain regulatory environment that will create more mainstream adoption.