HomeUncategorizedBlockchain finance to grow into $79.3B market by 2032 By Cointelegraph

Blockchain finance to grow into $79.3B market by 2032 By Cointelegraph

October 4, 2023

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The global blockchain finance market — encompassing public and private blockchains, trading, payments, settlements and asset management — is well-positioned to grow into a $79.3B market by 2032.

A report by Allied Market Research revealed that the blockchain finance market players are heavily exploring collaborations and acquisitions as a top strategy. COVID-19 pandemic-induced disruptions in traditional finance, coupled with the promise to reduce operational costs, set the stage for mainstreaming the digital ecosystem.

The public blockchain sub-segment accounts for the dominant market share. Source: Allied Market Research
The cross-border payments and settlement sub-segment accounts for the dominant market share. Source: Allied Market Research
Blockchain finance market report highlights. Source: Allied Market Research