A tipping point has been reached where the maturity of and regulatory clarity of the cryptocurrency asset have passed the threshold for institutional investors to make significant allocations.
A tipping point has been reached where the maturity of and regulatory clarity of the cryptocurrency asset have passed the threshold for institutional investors to make significant allocations.
That’s according to Sygnum Bank’s Digital Asset Outlook 2022 report, which analyses the developments that shaped the crypto industry in 2021 and providing a strategic outlook for the market and its key sectors and trends for the year ahead.
The report says that innovations in decentralisation, scalability and security are driving growth in applications as well as the mainstreaming of user adoption and a diverse range of use cases across multiple segments.
Web3 also presents the next frontier in digital assets with key tokens appreciating more than 2,000 per cent in 2021 and blockchain-based gaming and metaverse-related projects gaining momentum.
