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[THE BLOCK] The market for institutional-grade trading services for digital assets may be maturing

The Block

We may be seeing the beginning stages of maturation in the market for institutional-grade services for trading digital assets, evidenced by consolidation in the sector as well as its first later-stage deals, according to a new report from The Block Research.

state of institution services digital assets

According to the report, there are now 40 companies that provide digital asset trading services for institutional clients. Since 2014, such firms have raised $583.5 million in total, from 66 investment deals. A total of 108 unique investors made at least one investment in a crypto/blockchain firm that fits this profile. 

2020 saw $251.4 million invested across venture deals. This year also showed the first signs of later-stage deals happening, with $52.2M invested in late-stage startups, providing evidence of the maturing market.

To read more about the state of institutional trading services for digital assets, subscribe to The Block Research.

© 2020 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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