Global Crypto Custody Provider Market Size study, by Type (Self-Custody, Third-Party Custody, Custodial Banks, Digital Asset Managers, Exchanges), by Function (Asset Storage, Brokerage, Investment Agency, Security Token Management), by Use-Cases (Collater

Global Crypto Custody Provider Market Size study, by Type (Self-Custody, Third-Party Custody, Custodial Banks, Digital Asset Managers, Exchanges), by Function (Asset Storage, Brokerage, Investment Agency, Security Token Management), by Use-Cases (Collateralized Loans, Corporate Treasury, Crypto Staking, Investment Funds, Retail Offering), and Regional Forecasts 2022-2032

The Global Crypto Custody Provider Market is valued at approximately USD 1.77 billion in 2023 and is anticipated to grow with a remarkable CAGR of 79.86% over the forecast period 2024-2032. Crypto custody providers offer secured storage solutions for cryptocurrencies and digital assets, ensuring the safekeeping of cryptographic keys essential for accessing these assets. The increasing adoption of cryptocurrencies drives the demand for robust custody services, particularly as institutional investors enter the market, requiring secure handling of large volumes of digital assets. Innovations in encryption and blockchain technology further enhance the security and functionality of custody services, catering to the evolving needs of the market. However, the threat of high-profile thefts and hacking incidents poses significant challenges. The absence of uniform global regulations can hinder market expansion and consumer confidence, yet integrating custody solutions with traditional financial systems presents substantial growth opportunities. Additionally, developing insurance products to provide added security for stored assets is anticipated to contribute to market growth.

The market is segmented by type, function, and use-cases. Self-custody solutions allow individuals or institutions to store their cryptographic keys, providing direct control over their digital assets. Third-party custody services, popular among institutional investors, involve specialized entities managing security and asset services. Custodial banks offer secure storage mechanisms for institutional clients, while digital asset managers focus exclusively on managing and safeguarding digital assets. Cryptocurrency exchanges with custody solutions provide a comprehensive experience for traders and investors.

In terms of function, asset storage encompasses high-grade security practices, including cold storage and multi-signature wallets. Brokerage services facilitate the buying and selling of digital assets, offering competitive fees and quick settlement times. Investment agencies provide advisory and asset management services, while security token management handles tokens representing real-world assets on the blockchain.

Use-cases include collateralized loans, where cryptocurrency holdings are used as collateral for liquidity, and corporate treasury operations tailored to governance and compliance needs. Crypto staking enables holding funds in a wallet to support blockchain operations, while investment funds require secure storage solutions. Retail offerings cater to individual investors seeking secure and user-friendly platforms for managing their assets.

Major market player included in this report are:
Anchorage Digital
Bakkt Holdings, Inc.
BCB Group
Bitcoin Suisse AG
BitGo Inc.
Circle Internet Financial Limited
Cobo Services
Coinbase Custody International, Ltd.
CoKeeps Sdn Bhd
Copper Technologies
Custonomy
Deutsche B?rse AG
Fidelity Digital Asset Services, LLC.
Fireblocks Inc.
Gemini Trust Company, LLC

The detailed segments and sub-segment of the market are explained below:

By Type

Self-Custody
Third-Party Custody
Custodial Banks
Digital Asset Managers
Exchanges

By Function
Asset Storage
Brokerage
Investment Agency
Security Token Management

By Use-Cases
Collateralized Loans
Corporate Treasury
Crypto Staking
Investment Funds
Retail Offering

By Region:
North America
U.S.
Canada
Europe

UK
Germany
France
Spain
Italy
ROE
Asia Pacific

China
India
Japan
Australia
South Korea
RoAPAC
Latin America

Brazil
Mexico
Middle East & Africa

Saudi Arabia
South Africa
RoMEA

Years considered for the study are as follows:
Historical year – 2022
Base year – 2023
Forecast period – 2024 to 2032
Key Takeaways:
Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market.

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