Don’t listen to what they say, watch what they do,” said Matthew C. Le Merle, CEO and co-founder of Blockchain Coinvestors. “The most important financial institutions in the world made good use of the 2022/2023 crisis in crypto and blockchain to prepare themselves for an inevitable future of digital monies, commodities and assets.”
Local adoption varies by digital finance offering, but some regions are notably further ahead:
In Asia, 100% of major Chinese banks are already live with digital wallets and digital yuan support while 50% of Japanese banks have live offerings.
Despite conservative public stances, about 35% of American institutions in the top 50 already support most digital asset services and nearly 70% support digital commodities, following the launch of recent US BTC ETFs.
In Europe, institutions trail closely behind with ~10-30% of major players supporting at least some of the digital finance activities depending on country.
Don’t listen to what they say, watch what they do,” said Matthew C. Le Merle, CEO and co-founder of Blockchain Coinvestors. “The most important financial institutions in the world made good use of the 2022/2023 crisis in crypto and blockchain to prepare themselves for an inevitable future of digital monies, commodities and assets.”
Local adoption varies by digital finance offering, but some regions are notably further ahead:
In Asia, 100% of major Chinese banks are already live with digital wallets and digital yuan support while 50% of Japanese banks have live offerings.
Despite conservative public stances, about 35% of American institutions in the top 50 already support most digital asset services and nearly 70% support digital commodities, following the launch of recent US BTC ETFs.
In Europe, institutions trail closely behind with ~10-30% of major players supporting at least some of the digital finance activities depending on country.