The Q2 research report by OKX and The Economist reveals that digital assets are rapidly attracting interest from institutional investors, with their market value projected to surpass $10 trillion by 2030.
Currently, the total value of the cryptocurrency market stands around $2 trillion.
The report highlights a growing shift in asset allocation toward digital assets, forecasting that institutional investors will boost their digital asset holdings from the current range of 1%-5% to 7% by 2027.
It notes that institutional investors are keen on expanding their portfolios beyond traditional cryptocurrencies to include new investment options such as mortgages, crypto derivatives, and tokenized bonds. However, it also points out that inconsistent regulation and fragmented liquidity could pose challenges to broader adoption.
The rising interest from investment firms and banks is driving the creation of new investment products, including exchange-traded funds (ETFs), exchange-traded notes, blockchain-based platforms utilizing decentralized Web 3.0 technology, and even crypto phones. Thijs van Boven, head trader for digital assets at VanEck, emphasized the growing demand for these products and their importance in addressing market needs.
Ataf Ahmed, CEO of Graphene Investments, remarked:
“As real-world assets become tokenized, digital assets will increasingly become a core part of most portfolios. Securities, bonds, and central bank digital currencies will eventually be integrated into blockchain technology.”
Jonathan Mann, the creator behind the long-running “Song A Day” project, has turned his crypto misfortune into a musical cautionary tale.
Elon Musk’s financial standing has taken a major hit, with his net worth shrinking by $70 billion since his public fallout with Donald Trump.
UBS analyst Brian Meredith has revised his outlook on Berkshire Hathaway’s Class B shares, trimming the price target from $606 to $591, while maintaining a “buy” rating.
In a move not seen in decades, the U.S. Treasury Department has initiated a historic $10 billion bond buyback—its largest ever—targeting securities set to mature between mid-2025 and mid-2027.