The Rise of Digital Asset Custody: A Growth Story with Global Impact

This report, authored by Tiger Research, delves into the rapid expansion of the digital asset custody industry. It analyzes three distinct business models – traditional custodians, hybrid providers, and technology-focused firms – and explores how regulatory frameworks across various jurisdictions are shaping this dynamic market. 2024 data reveals a staggering growth of over 50% in the global custody market, signifying a shift from basic safekeeping to a core infrastructure for institutional participation. The report highlights the key factors driving this unprecedented growth and provides an insightful outlook on the industry’s future.