1 INTRODUCTION 13
1.1 OBJECTIVES OF THE STUDY 13
1.2 MARKET DEFINITION 13
1.3 MARKET SCOPE 14
1.4 YEARS CONSIDERED FOR THE STUDY 14
1.5 CURRENCY 15
1.6 STAKEHOLDERS 15

2 RESEARCH METHODOLOGY 16
2.1 RESEARCH DATA 16
2.1.1 SECONDARY DATA 17
2.1.2 PRIMARY DATA 17
2.1.2.1 Breakdown of primaries 18
2.1.2.2 Key industry insights 18
2.2 MARKET BREAKDOWN AND DATA TRIANGULATION 19
2.3 MARKET SIZE ESTIMATION 20
2.4 ASSUMPTIONS FOR THE STUDY 21
2.5 LIMITATIONS OF THE STUDY 22

3 EXECUTIVE SUMMARY 23

4 PREMIUM INSIGHTS 26
4.1 ATTRACTIVE MARKET OPPORTUNITIES IN THE CRYPTO ASSET MANAGEMENT MARKET 26
4.2 CRYPTO ASSET MANAGEMENT MARKET IN NORTH AMERICA,
BY END-USER AND DEPLOYMENT TYPE 27
4.3 MARKET INVESTMENT SCENARIO 27

5 MARKET OVERVIEW 28
5.1 INTRODUCTION 28
5.2 MARKET DYNAMICS 28
5.2.1 DRIVERS 29
5.2.1.1 Safeguarding cryptocurrency assets 29
5.2.1.2 Growth in the cryptocurrency market 30
5.2.1.3 Rising reliance on cryptocurrency 30
5.2.1.4 Proliferation of blockchain technology 31
5.2.2 RESTRAINTS 31
5.2.2.1 Lack of regulatory framework 31
5.2.3 OPPORTUNITIES 32
5.2.3.1 Adoption of cryptocurrency across various verticals 32
5.2.3.2 Potential untapped markets 32
5.2.4 CHALLENGES 32
5.2.4.1 Security, privacy, and control issues 32
5.2.4.2 Lack of awareness and technical understanding regarding cryptocurrency 33
5.2.4.3 Technical challenges pertaining to scalability 33
5.3 INDUSTRY TRENDS 33
5.3.1 INITIAL COIN OFFERING (ICO) 33
5.3.2 CRYPTOCURRENCIES 34
5.3.2.1 Bitcoin 34
5.3.2.2 Ethereum 34
5.3.2.3 Ripple 34
5.3.2.4 Dashcoin 34
5.3.2.5 Litecoin 35
5.3.3 STATE OF CRYPTOCURRENCY 35
5.3.3.1 United States 35
5.3.3.2 European Union 35
5.3.3.3 United Kingdom 35
5.3.3.4 Switzerland 35
5.3.3.5 Japan 35
5.3.3.6 South Korea 36
5.3.3.7 China 36
5.3.3.8 India 36

6 CRYPTO ASSET MANAGEMENT MARKET, BY PLATFORM 37
6.1 INTRODUCTION 38
6.2 PLATFORM 38
6.2.1 INCREASING NEED FOR SAFEGUARDING DIGITAL ASSETS DRIVING THE CRYPTO ASSET MANAGEMENT PLATFORM 38
6.2.1.1 Custodian solution 38
6.2.1.2 Wallet management 38

7 CRYPTO ASSET MANAGEMENT MARKET, BY DEPLOYMENT TYPE 39
7.1 INTRODUCTION 40
7.2 ON-PREMISES 41
7.2.1 HIGHER DEMAND FOR SECURITY COULD PROPEL THE GROWTH OF ON-PREMISES SOLUTIONS 41
7.3 CLOUD 41
7.3.1 OVERALL ADOPTION OF CLOUD-BASED SOLUTIONS IS EXPECTED TO INCREASE DURING THE FORECAST PERIOD 41

8 CRYPTO ASSET MANAGEMENT MARKET, BY END-USER 43
8.1 INTRODUCTION 44
8.2 INSTITUTIONS 45
8.2.1 INSTITUTIONAL CLIENTS ARE MAJOR CONTRIBUTORS TO THE GROWTH OF CRYPTO ASSET MANAGEMENT MARKET 45
8.2.1.1 Banking, Financial Services, and Insurance (BFSI) 45
8.2.1.2 Hedge funds 46
8.2.1.3 Brokerage firms 46
8.2.1.4 Others 46
8.3 RETAIL AND ECOMMERCE 46
8.3.1 RETAIL AND ECOMMERCE COMPANIES ARE EXPECTED TO LEVERAGE THE CRYPTOCURRENCY FOR ONLINE AND OFFLINE PAYMENT PROCESS 46
8.4 OTHERS 47

9 CRYPTO ASSET MANAGEMENT MARKET, BY REGION 48
9.1 INTRODUCTION 49
9.2 NORTH AMERICA 50
9.2.1 UNITED STATES 50
9.2.1.1 The US has emerged as a larger crypto asset management market in North America 50
9.2.2 CANADA 50
9.2.2.1 With the rising adoption of cryptocurrencies, such as Bitcoins and Ethereum across institutions, the demand for crypto asset management solutions is also increasing in Canada 50
9.3 EUROPE 53
9.3.1 UNITED KINGDOM 53
9.3.1.1 Banks and financial institutions in the UK are exploring the potential applications of the blockchain technology and cryptocurrencies 53
9.3.2 GERMANY 54
9.3.2.1 Germany has been at the forefront in terms of adoption of cryptocurrency 54
9.3.3 FRANCE 54
9.3.3.1 Advancements in the blockchain technology have paved the way for digital currencies 54
9.3.4 REST OF EUROPE 54
9.4 ASIA PACIFIC 56
9.4.1 JAPAN 56
9.4.1.1 Japan leads in the adoption of cryptocurrency asset management in asia pacific 56
9.4.2 REST OF ASIA PACIFIC 56
9.5 REST OF THE WORLD 59
9.5.1 MIDDLE EAST AND AFRICA 59
9.5.1.1 Advancements in blockchain and digital currencies to drive crypto asset management solutions in Middle and East Africa 59
9.5.2 LATIN AMERICA 59
9.5.2.1 Owing to advancements in the blockchain technology, the usage of cryptocurrency has been increasing in the Latin America region 59

10 COMPTETIVE LANDSCAPE 62
10.1 OVERVIEW 62
10.2 COMPETITIVE SCENARIO 63
10.2.1 PARTNERSHIPS 64
10.2.2 NEW PRODUCT LAUNCHES 64
10.2.3 ACQUISITIONS 65
10.2.4 BUSINESS EXPANSIONS 65

11 COMPANY PROFILES 66
11.1 INTRODUCTION 66
(Business Overview, Services Offered, and Recent Developments)*
11.2 COINBASE 67
11.3 GEMINI 69
11.4 CRYPTO FINANCE 70
11.5 VO1T 71
11.6 DIGITAL ASSET CUSTODY COMPANY 72
11.7 BITGO 73
11.8 LEDGER 75
11.9 METACO SA 77
11.10 ICONOMI 78
11.11 EXODUS MOVEMENT 79
11.12 XAPO 80
11.13 ITBIT 81
11.14 ALTAIRIAN CAPITAL 82
11.15 KOINE FINANCE 83
*Details on Business Overview, Services Offered, and Recent Developments might not be captured in case of unlisted companies.

12 APPENDIX 84
12.1 DISCUSSION GUIDE 84
12.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 86
12.3 AVAILABLE CUSTOMIZATIONS 88
12.4 RELATED REPORTS 88
12.5 AUTHOR DETAILS 89

LIST OF TABLES
TABLE 1 CRYPTO ASSET MANAGEMENT MARKET SIZE, BY PLATFORM, 2016–2023 (USD MILLION) 38
TABLE 2 CRYPTO ASSET MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2016–2023 (USD MILLION) 40
TABLE 3 ON-PREMISES: CRYPTO ASSET MANAGEMENT MARKET SIZE, BY REGION, 2016–2023 (USD MILLION) 41
TABLE 4 CLOUD: CRYPTO ASSET MANAGEMENT MARKET SIZE, BY REGION, 2016–2023 (USD MILLION) 42
TABLE 5 CRYPTO ASSET MANAGEMENT MARKET SIZE, BY END-USER, 2016–2023 (USD MILLION) 44
TABLE 6 INSTITUTIONS: CRYPTO ASSET MANAGEMENT MARKET SIZE, BY REGION, 2016–2023 (USD MILLION) 45
TABLE 7 RETAIL AND ECOMMERCE: CRYPTO ASSET MANAGEMENT MARKET SIZE, BY REGION, 2016–2023 (USD MILLION) 47
TABLE 8 OTHERS: CRYPTO ASSET MANAGEMENT MARKET SIZE, BY REGION, 2016–2023 (USD MILLION) 47
TABLE 9 CRYPTO ASSET MANAGEMENT MARKET SIZE, BY REGION, 2016–2023 (USD MILLION) 49
TABLE 10 NORTH AMERICA: CRYPTO ASSET MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2016–2023 (USD MILLION) 51
TABLE 11 NORTH AMERICA: CRYPTO ASSET MANAGEMENT MARKET SIZE, BY END-USER, 2016–2023 (USD MILLION) 52
TABLE 12 NORTH AMERICA: INSTITUTIONS MARKET SIZE, BY DEPLOYMENT TYPE, 2016–2023 (USD MILLION) 52
TABLE 13 NORTH AMERICA: RETAIL AND ECOMMERCE MARKET SIZE, BY DEPLOYMENT TYPE, 2016–2023 (USD MILLION) 52
TABLE 14 NORTH AMERICA: OTHER END-USERS MARKET SIZE, BY DEPLOYMENT TYPE, 2016–2023 (USD MILLION) 53
TABLE 15 EUROPE: CRYPTO ASSET MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2016–2023 (USD MILLION) 54
TABLE 16 EUROPE: INSTITUTIONS MARKET SIZE, BY DEPLOYMENT TYPE, 2016–2023 (USD MILLION) 55
TABLE 17 EUROPE: RETAIL AND ECOMMERCE MARKET SIZE, BY DEPLOYMENT TYPE, 2016–2023 (USD MILLION) 55
TABLE 18 EUROPE: OTHER END-USERS MARKET SIZE, BY DEPLOYMENT TYPE, 2016–2023 (USD MILLION) 55
TABLE 19 ASIA PACIFIC: CRYPTO ASSET MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2016–2023 (USD MILLION) 57
TABLE 20 ASIA PACIFIC: CRYPTO ASSET MANAGEMENT MARKET SIZE, BY END-USER, 2016–2023 (USD MILLION) 58
TABLE 21 ASIA PACIFIC: INSTITUTIONS MARKET SIZE, BY DEPLOYMENT TYPE, 2016–2023 (USD MILLION) 58
TABLE 22 ASIA PACIFIC: RETAIL AND ECOMMERCE MARKET SIZE, BY DEPLOYMENT TYPE, 2016–2023 (USD MILLION) 58
TABLE 23 ASIA PACIFIC: OTHER END-USERS MARKET SIZE, BY DEPLOYMENT TYPE, 2016–2023 (USD MILLION) 59
TABLE 24 REST OF THE WORLD: CRYPTO ASSET MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2016–2023 (USD MILLION) 60
TABLE 25 REST OF THE WORLD: CRYPTO ASSET MANAGEMENT MARKET SIZE, BY END-USER, 2016–2023 (USD MILLION) 60
TABLE 26 REST OF THE WORLD: INSTITUTIONS MARKET SIZE, BY DEPLOYMENT TYPE, 2016–2023 (USD MILLION) 60
TABLE 27 REST OF THE WORLD: RETAIL AND ECOMMERCE MARKET SIZE, BY DEPLOYMENT TYPE, 2016–2023 (USD MILLION) 61
TABLE 28 REST OF THE WORLD: OTHER END-USERS MARKET SIZE, BY DEPLOYMENT TYPE, 2016–2023 (USD MILLION) 61
TABLE 29 PARTNERSHIPS, 2017–2018 64
TABLE 30 NEW PRODUCT/SERVICE LAUNCHES AND PRODUCT ENHANCEMENTS, 2016–2018 64
TABLE 31 ACQUISITIONS, 2018 65
TABLE 32 BUSINESS EXPANSIONS, 2015–2018 65

LIST OF FIGURES
FIGURE 1 CRYPTO ASSET MANAGEMENT MARKET: MARKET SEGMENTATION 14
FIGURE 2 CRYPTO ASSET MANAGEMENT MARKET: RESEARCH DESIGN 16
FIGURE 3 CRYPTO ASSET MANAGEMENT MARKET: BOTTOM-UP APPROACH 20
FIGURE 4 CRYPTO ASSET MANAGEMENT MARKET: TOP-DOWN APPROACH 20
FIGURE 5 CRYPTO ASSET MANAGEMENT MARKET, 2016–2023 24
FIGURE 6 ON-PREMISES DEPLOYMENT TYPE ACCOUNTED FOR A HIGHER SHARE IN THE CRYPTO ASSET MANAGEMENT MARKET IN 2017 24
FIGURE 7 INSTITUTIONS HELD THE HIGHEST SHARE IN THE CRYPTO ASSET MANAGEMENT MARKET IN 2017 24
FIGURE 8 NORTH AMERICA IS ESTIMATED TO ACCOUNT FOR THE HIGHEST SHARE IN THE CRYPTO ASSET MANAGEMENT MARKET IN 2018 25
FIGURE 9 INCREASING RELIANCE ON CRYPTOCURRENCIES AND PROLIFERATION OF BLOCKCHAIN TECHNOLOGY TO DRIVE THE MARKET DURING THE FORECAST PERIOD 26
FIGURE 10 INSTITUTIONS SEGMENT AND ON-PREMISES DEPLOYMENT TYPE ARE ESTIMATED TO ACCOUNT FOR HIGH SHARES IN THE NORTH AMERICAN CRYPTO ASSET MANAGEMENT MARKET, 2018 27
FIGURE 11 EUROPE IS EXPECTED TO EMERGE AS THE BEST MARKET FOR INVESTMENT OVER THE NEXT 5 YEARS 27
FIGURE 12 CRYPTO ASSET MANAGEMENT MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 29
FIGURE 13 CLOUD DEPLOYMENT TYPE IS EXPECTED TO GROW AT A HIGHER CAGR DURING THE FORECAST PERIOD 40
FIGURE 14 INSTITUTIONS END-USER SEGMENT IS EXPECTED TO DOMINATE THE CRYPTO ASSEST MANAGEMENT MARKET DURING THE FORECAST PERIOD 44
FIGURE 15 NORTH AMERICA TO DOMINATE THE CRYPTO ASSET MANAGEMENT MARKET DURING THE FORECAST PERIOD 49
FIGURE 16 NORTH AMERICA: MARKET SNAPSHOT 51
FIGURE 17 ASIA PACIFIC: MARKET SNAPSHOT 57
FIGURE 18 KEY DEVELOPMENTS IN THE CRYPTO ASSET MANAGEMENT MARKET (2015–2018) 62
FIGURE 19 MARKET EVALUATION FRAMEWORK, 2015–2018 63