BFC Bulletins Monthly News Digest
Allied Market Research recently conducted fascinating new research into crypto asset management. The research suggests that the crypto asset management market size, which was just USD 0.67 billion in 2020, will reach USD 9.36 billion by 2030. This represents a compounded annual growth rate (CAGR) of 30.2%. Much of this growth is expected thanks to the COVID-19 pandemic, during which financial institutions have adopted cloud-based crypto asset management solutions to secure their systems and provide customers with scalable, resilient and agile crypto services. While North America is projected to maintain their dominance of global crypto markets, the Asia-Pacific region is expected to become a bigger player. Latin America, the Middle East and Africa are also expected to see an increase in crypto adoption.
