A brand new analysis report from Opimas seems to be on the panorama of cryptocurrency custody-enabling know-how suppliers and institutional-grade cryptocurrency custodians in addition to the dimensions of the marketplace for cryptocurrency custody and brokerage providers.
Some key findings within the report embody:
A lot of even the biggest holders of Bitcoin and different digital belongings proceed to depend on storage gadgets meant for particular person buyers. In complete, about 22% of institutional cryptocurrency holdings are safeguarded in comparatively dangerous manners.
No custody resolution is equal – there may be nonetheless no greatest follow in terms of safety and governance relating to personal keys. For instance, some suppliers might depend on time-tested {Hardware} Safety Modules (HSMs), whereas others use a more moderen know-how generally known as Multi-Occasion Computation (MPC).
Opimas estimates that the present annual revenues generated by the institutional crypto brokerage and custody market are roughly USD 2 billion and can develop to almost USD 8 billion by 2026 – a sizeable portion of this coming from brokerage providers.
Rules surrounding establishments’ potential to retailer cryptocurrency have change into clearer (and in some instances extra favorable) in quite a few jurisdictions. With the advances in brokerage and custody options, Opimas expects institutional cryptocurrency holdings to develop from 20% of the cryptocurrency market cap to over 50% by 2026.
Bitcoin 
Ethereum 
XRP 
Tether 
Solana 
BNB 
Dogecoin 
Cardano 
USDC 
Lido Staked Ether
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