Financial mathematics for cryptocurrencies / Tom Espel.

Format:

Book

Author/Creator:

Espel, Tom J., author.

Contributor:

EBSCOhost

Series:

Wiley finance series

Language:

English

Subjects (All):

Business mathematics.

Cryptocurrencies--Mathematics.

Cryptocurrencies.

Digital currency.

Physical Description:

1 online resource (288 pages).

Place of Publication:

Hoboken : John Wiley & Sons, Inc., 2026.

Contents:

Cover

Half Title Page

Title Page

Copyright

Contents

Preface

Acknowledgments

Acronyms

Notations

Introduction

Part One: Fundamentals of Digital Assets

Chapter 1: Overview of Digital Assets

1.1 SEMANTICS

1.1.1 Digital Assets

1.1.2 Blockchain

1.1.3 Cryptocurrencies and Tokens

1.2 BRIEF HISTORY

1.2.1 Background

1.2.2 Bitcoin

1.2.3 Ethereum

1.2.4 Tokens and Layer 2

1.2.5 dApps and Layer 3

1.2.6 Meme Coins

1.2.7 NFTs

1.2.8 ETFs

1.3 MAJOR COINS

Chapter 2: Topology of Networks

2.1 BLOCKCHAIN NETWORKS

2.1.1 Ledger

2.1.2 Three Pillars of Blockchains

2.1.3 Forks

2.2 SIDECHAINS

2.3 TECHNICAL CHARACTERISTICS

2.3.1 Protocol Layer

2.3.2 Consensus Mechanism

2.3.3 Anonymity

2.4 NETWORK INDICATORS

2.5 STAKING

2.5.1 Direct Staking

2.5.2 Liquid Staking

2.5.3 Yield Farming

Chapter 3: Asset Characteristics

3.1 NETWORK VERSUS ASSET

3.2 CONVENTIONAL ASSET CLASSIFICATION

3.2.1 Financial Instruments and Assets

3.2.2 Asset Classes

3.2.3 Cash Products

3.2.4 Derivatives

3.2.5 Options

3.2.6 Hybrids

3.2.7 Claims and Cash Flows

Open Problems

Part Two: Network Valuation

Chapter 4: Digital Asset Classification

4.1 PRUDENTIAL CLASSIFICATION

4.2 SECTOR CLASSIFICATION

4.2.1 HHR's Classification

4.2.2 Other Sectoral Classifications

4.2.3 Limitations

4.3 WWS MARKET CAP CHARACTERIZATION

4.4 ECOSYSTEM CLASSIFICATION

4.4.1 Schär's Classification

4.4.2 Linnaean Classification

4.5 FUNCTIONAL CLASSIFICATION

4.5.1 FINMA Classification

4.5.2 Enhanced Functional Classification

Chapter 5: Network Valuation

5.1 MARKET CAPITALIZATION MULTIPLE

5.2 BUSINESS VALUATIONS

5.2.1 Peer Comparison

5.2.2 Book Valuation

5.2.3 Dividend Valuation

5.2.4 Cash Flow Valuation

5.3 USER-BASED NETWORK VALUATIONS

5.3.1 Sarnoff's Law

5.3.2 Metcalfe's Law

5.3.3 Reed's Law

5.3.4 ZBOT Law

5.4 DISCUSSION ON NETWORK VALUATIONS

5.4.1 Comparison of Network Valuations

5.4.2 Limitations

5.4.3 Beyond User-based Network Valuations

5.5 TRANSACTION VOLUME PRICING

5.5.1 Volume Multiple Valuation

5.5.2 Block Time Valuations

5.5.3 Cost Accounting

5.6 FACTOR ANALYSIS

5.6.1 Fundamental Factor Analysis

5.6.2 Regressions

5.6.3 Principal Component Analysis

5.6.4 Limitations

5.7 RELATIVE VALUE PRICING AND INTERCHAIN BASIS

5.7.1 Credit Default Swap Basics

5.7.2 Interchain Basis

5.7.3 Network Default Swaps

Open Problems

Part Three: Market Structure

Chapter 6: Carry and Storage

6.1 LENDING AND MARGIN

6.2 CARRY AND FORWARD PRICING

6.2.1 Forward Pricing Framework

6.2.2 Foreign Exchange Forward Pricing

6.3 COST OF CARRY AND CONVENIENCE YIELD

6.4 DIGITAL ASSET CUSTODY

6.4.1 Wallet Types

6.4.2 Custodial Models and Exchange Custody

6.4.3 Storage Risk and Asset Pricing

Chapter 7: Liquidity Interface

Notes:

Includes bibliographical references and index.

Electronic reproduction. Ipswich, MA Available via World Wide Web.

Description based on online resource; title from digital title page (viewed on June 10, 2026).

Other Format:

Print version:

ISBN:

1394370083

9781394370092

1394370091

9781394370085

Publisher Number:

40033235894

CIPO000374896

Access Restriction:

Restricted for use by site license.