The final program for CAL2025 is out docs.google.com/document/d/1…

The keynote speech of Piero Cipollone (European Central Bank) at the #CAL2025 conference cryptoassetlab.org/docs/2025…

Piero Cipollone @ecb at #CAL2025 ecb.europa.eu/press/key/date…

Francesca Mattassoglio, Università degli Studi di Milano-Bicocca and Crypto Asset Lab, clarified the regulatory environment in Europe and internationally.

Alessia Pedrazzoli, Università degli Studi di Milano-Bicocca and Crypto Asset Lab, presented an overview of the crypto ecosystem, addressing key players such as exchanges, crypto funds, and issuers.

Ferdinando Ametrano, Digital Gold Institute and Università degli Studi di Milano-Bicocca, provided a detailed examination of market and tech trends, with a focus on Bitcoin’s long-term performance.

🌍 #CAL2025: Day 2 Highlights📊 Presentation of the CAL Report: a comprehensive analysis of market trends, regulatory developments, and technological advancements shaping #crypto industry. Download the CAL Report: forms.gle/yA7dk14HWe1W9XLo9

#CAL2025 #DeTOKoDE #TokenEconomy #CryptoResearch #DecentralizedFinance

Luca Bellardini proposed a taxonomy of crypto-asset exchanges’ business models, along preliminary findings on the profiles of their investors. These insights represent significant progress in understanding and managing the complexities of decentralized economies.

Andrea Piletta Massaro addressed the challenges and opportunities associated with the tokenization of physical assets, such as real estate.

The project, presented by Riccardo de Caria, aims to design a robust #governance framework for a decentralized #tokeneconomy.

CAL2025 Day 1, DeTOKoDE project update Presentation of the findings from the #DeTOKoDE project, a collaborative effort involving scholars from multiple Italian universities (Milano-Bicocca, Torino, Firenze) and diverse academic disciplines, including law, economics, and finance

The presenters brought unique perspectives from law, economics, finance, and computer science, reflecting our conference's commitment to fostering dialogue between academia, industry, and regulators on the strengths, challenges, and evolution of the #crypto market.

Davide Mancino presented data proving the increasing relevance of Maximal Extractable Value Strategies in Ethereum Transactions.

Chiara Ferri, Università degli Studi di Firenze, analyzed key deposit-token and tokenized deposit projects, focusing on their technical, legal, and economic dimensions.

Hasret Ozan Sevim, Università Cattolica del Sacro Cuore: Delved into the re-staking process, revealing its potential systemic risks by concentrating vulnerability on select hashtag#blockchain validators.

Michael Wulfsohn, University of Oxford: Presented a theoretical pricing model for cryptocurrencies, incorporating investor expectations on adoption.

Hong Le, Università degli Studi di Milano-Bicocca: Explored the relationship between Traditional Finance (#TradFi) and Decentralized Finance (#DeFi) in syndicated structures funding blockchain startups.

CAL2025: Day 1 Highlights - PhD Papers Presentation Today's session at #CAL2025 kicked off with an inspiring showcase of research by talented PhD candidates, demonstrating how #crypto captivates the academic world, blending theory and empirical analysis across disciplines.