Global Crypto Asset Management Market
Dublin, May 10, 2024 (GLOBE NEWSWIRE) — The “Crypto Asset Management Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2019-2029F” report has been added to ResearchAndMarkets.com’s offering.
The global Crypto asset management market is witnessing significant growth, valued at approximately USD 1.08 billion in 2023. It is projected to maintain a strong expansion, with an impressive compound annual growth rate (CAGR) of 22.19% through 2029, which will reach USD 3.63 reached billion. This boom is supported by the growing acceptance of cryptocurrencies as mainstream investment assets and a growing demand for diversified crypto-asset investment strategies among institutions and retail investors.
Expert analysis within the sector indicates a significant emphasis on the integration of sophisticated crypto-asset management platforms, which use technologies such as artificial intelligence and blockchain to improve user experience, security and performance. The growing recognition of cryptocurrencies as potential tools for inflation hedging further adds to market vibrancy. As regulatory frameworks around the world mature, with governments providing greater clarity to the operations within the crypto-asset management space, investor confidence continues to strengthen. Furthermore, technological advances in the development of asset management platforms are simplifying investor engagement in the crypto market, democratizing access and ensuring security and compliance.
The presence of decentralized finance (DeFi) strategies within the crypto-asset portfolios of investors is recognized as a transformative force, leading to an expansion in investment opportunities and promoting further market growth. Crypto asset management services respond to these emerging trends by offering a variety of innovative solutions to meet the evolving needs of a rapidly diversifying investor base.
Government policy is expected to play a crucial role in shaping the future trajectory of the Crypto Asset Management Market. Cybersecurity, data protection mandates, and financial inclusion and accessibility initiatives lay the foundation for a more robust and fair crypto-economy.
International cooperation and standardization efforts are also notable, aiming to streamline cross-jurisdictional operations and improve the overall appeal of crypto-asset investments. This action by governments and regulatory bodies around the world is likely to sustain and drive market growth in the coming years, as it provides a foundation of trust and legal compliance that is essential for market stability and investor assurance.
To address challenges and embrace trends
Despite the optimistic forecast for market expansion, challenges such as regulatory uncertainty, security risks to investor confidence and the need for increased cyber security are still areas for attention in the industry. Addressing these challenges remains a top priority for firms within this space to promote sustainability and healthy market development.
As demand from retail investors increases, crypto asset management providers are scaling their services to provide streamlined, secure and regulated opportunities for newcomers to the space. The combination of increased interest from individual investors, the promotion of technological solutions, and the pursuit of a more regulated market, testify to the dynamic and bullish nature of the global Crypto Asset Management Market.
Key features
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Report feature
Details
Number of pages
181
Forecast period
2024 – 2029
Estimated market value (USD) in 2024
$1.08 billion
Predicted market value (USD) by 2029
$3.63 billion
Compound annual growth rate
22.1%
Regions covered
Worldwide
A selection of companies mentioned in this report include, but are not limited to:
Coinbase Ascending Markets Kenya Limited
Grayscale Investments LLC
Bitwise Asset Management Inc.
Gemini Trust Company LLC
VanEck Associates Corp.
3iQ Corp.
Pantera capital
Galaxy Digital Holdings LLC
One River Asset Management LLC
ARK Investment Management LLC
For more information on this report visit https://www.researchandmarkets.com/r/elefil
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