A raising number of basidiomycete genome projects have been completed in sequencing with gene annotations now ongoing (state of 2011/06/07):
A basidiomycete genome may comprise around 30-million-base pairs and usually 10,000 to 12,000 structural genes. The increasing availability of genome data offers, for the first time, the possibility to track down metabolic traits to the very bottom of biochemistry. Physiology, metabolism, and development can now be investigated on the molecular level. This in turn will spur industrial applications of these organisms.