Rise of the Crypto Custodians
- Date:February 09, 2022
- Author(s):
- William Trout
- Greg O'Gara
- Daniel Gonzalez
- Report Details: 12 pages, 4 graphics
- Research Topic(s):
- Digital Assets & Crypto
- PAID CONTENT
Overview
Whereas custody has historically been a low-margin activity at the back end of the wealth management business, broad trends are now abetting the growth of a market for custody services. Global banks and custodians are institutionalizing the demand for digital assets, signaling a belated recognition of crypto as a legitimate asset class. Further, regulatory bodies are increasingly engaged in the conversation surrounding crypto. Finally, improvements to the blockchain chassis will help fuel the market for NFTs and DeFi applications. All of this speaks to opportunities for wealth managers and their clients.
Key questions discussed in this report:
- What are the trends behind the rise of the crypto-custody marketplace?
- How can cash management be used as a springboard into digital assets?
- How can custodians and their partners balance security concerns with a focus on the user experience?
Companies Mentioned:
Bancor, Binance, Coinbase, Coincheck, Crypto.com, Cryptopia, Kucoin, Zaif
Learn More About This Report & Javelin
Related content
Tokenization: Digitizing the Real World
Tokenization—the creation of unique digital records of asset ownership—is poised to make a lasting impact on how participants in financial markets operate, affecting financial inst...
Identity as a Digital Asset: Tokenizing the Self
Decentralized technologies, including blockchain, provide a secure foundation for building identity solutions that are not only secure but also provide users with the ability to co...
Bitcoin ETFs: Bringing the Investment Discussion Back
The Security and Exchange Commission’s approval of several exchange-traded funds tied to bitcoin led to a sigh of relief in the cryptocurrency industry. Indeed, the move—which came...
Make informed decisions in a digital financial world