BitGo's latest report, "Crypto Infrastructure for Banks," reveals that digital assets are rapidly integrating into the mainstream financial system. The report estimates that there are approximately 716 million global crypto asset holders, with monthly active users ranging from 40 to 70 million. Stablecoin monthly settlement volumes have surpassed $1 trillion.
The report highlights that over half of the top 25 U.S. banks are piloting services such as custody, trading, or asset tokenization. It also notes that younger investors allocate an average of 14% of their portfolios to crypto assets, prompting banks to evaluate on-chain services to maintain customer relationships and deposit bases. By 2033, the tokenization market is projected to reach $23 trillion, with banks having the option to leverage their licenses or partner with licensed third parties for business integration.
BitGo Report Highlights Rapid Integration of Digital Assets into Mainstream Finance
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