Global $3.63 Billion Crypto Asset Management Market Outlook 2029, Featuring Coinbase Rising Market Kenya, Grayscale Investments, Bitwise Asset Management, and More

Global crypto asset management market

DUBLIN, May 10, 2024 (Globe Newswire) — The “Crypto Asset Management Market – Global Industry Size, Share, Trends, Opportunities and Forecasts, 2019-2029” report has been added. ResearchAndMarkets.com Recruitment.

The global crypto asset management market is experiencing significant growth and will reach approximately USD 1.08 billion in 2023. It is projected to continue its vigorous expansion and reach USD 3.63 billion, advancing at an impressive compound annual growth rate (CAGR) of 22.19% until 2029. . This surge is fueled by the increasing acceptance of cryptocurrencies as a mainstream investment asset and the growing demand for diversified crypto investment strategies among institutional and retail investors.

According to analysis from experts within the industry, there is an emphasis on integrating advanced crypto asset management platforms that leverage technologies such as artificial intelligence and blockchain to improve user experience, security, and performance. The growing recognition of cryptocurrencies as a potential means of hedging inflation is further contributing to the market’s dynamism. Investor confidence continues to grow as regulatory frameworks around the world mature and governments provide greater clarity on how the crypto asset management sector operates. Furthermore, technological advances in the development of asset management platforms are simplifying investor engagement with the crypto market, democratizing access, and ensuring security and compliance.

The presence of decentralized finance (DeFi) strategies in investors’ crypto asset portfolios is being recognized as a transformative force to expand investment opportunities and drive further market growth. Crypto asset management services are responding to these emerging trends by offering a variety of innovative solutions that meet the evolving needs of a rapidly diversifying investor base.

Government policies are expected to play a pivotal role in shaping the future trajectory of the crypto asset management market. Commitments to cybersecurity, data protection obligations, financial inclusion and accessibility are laying the foundations for a more robust and fair crypto-economy.

Also noteworthy are international cooperation and standardization efforts aimed at streamlining cross-jurisdictional operations and increasing the overall attractiveness of crypto investment. These actions by governments and regulatory bodies around the world are likely to sustain and drive market growth in the coming years as they provide a foundation of trust and compliance, which is important for market stability and investor assurance. there is.

Tackling challenges and embracing trends

Despite optimistic forecasts for market expansion, challenges such as regulatory uncertainty, security risks to investor confidence, and the need for increased cybersecurity vigilance continue to be areas of focus for the industry. Addressing these challenges remains a top priority for companies in this sector to promote sustainability and healthy market development.

With increasing demand from retail investors, crypto asset management providers are expanding their services and offering new entrants to the field a streamlined, secure and regulated opportunity. The combination of increased interest from retail investors, advancements in technological solutions, and a move towards a more regulated market is testament to the dynamic and bullish nature of the global crypto asset management market.

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Companies mentioned in this report include, but are not limited to:

• Coinbase Ascending Markets Kenya Limited

• Grayscale Investments LLC

• Bitwise Asset Management Co., Ltd.

• Gemini Trust Company LLC

• VanEck Associates Corporation

• 3iQ Co., Ltd.

• pantera capital

• Galaxy Digital Holdings LLC

• One River Asset Management LLC

• ARK Investment Management LLC

For more information on this report, please visit https://www.researchandmarkets.com/r/elefil.

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