According to
Allied Industry Research, the bitcoin asset management market would increase to
$9.4 billion by 2030. In 2020, it was $670 million.
- From 2021
to 2030, the rise predicted by the study corresponds to a 30 percent compound
annual growth rate.
- The
COVID-19 epidemic, according to Allied Market Research, is pushing banks and
other institutions to embrace cloud-based crypto asset management.
- According
to Allied, increased digitalization of financial services, more crypto
investments, and better access to crypto assets will drive development for the
rest of the decade.
- North America now dominates the crypto asset management industry, and this is expected to continue until 2030. The Asia-Pacific area, on the other hand, is expected to experience substantial growth owing to the existence of a high number of crypto mining businesses that will likely resort to crypto asset-management solutions to assist manage their business operations, according to Allied.
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