Digital Asset Trading System Market Scope
Trading possibilities and a new ecosystem of trading venues, digital asset market makers, hedge funds, custody providers, and more have sprung up as a result of the rise of digital assets. Traditional trading businesses that aren't currently trading digital assets are particularly concerned about custody. One of the top three worries of traditional trading businesses is high margin requirements/pre-margining requirements, however this was not a problem among crypto trading firms. Security is treated as a procedure by digital asset trading platforms, indicating that they are well-equipped with cutting-edge cyber-security technology and infrastructure. Furthermore, the platform provides its customers with security tools to increase the security of their accounts, as well as innovative tools and solutions to maximise their security.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Bakkt Holdings, LLC (United States), BitMonEx (Hong Kong), Bittrex International GmbH (Liechtenstein), BMXDM Technology Pte. Ltd. (Singapore), CEX.IO Ltd. (United Kingdom), ChangeNOW International ltd. (Seychelles), Devexperts LLC (United States), Eris Exchange, LLC (United States), iFinex Inc. (Hong Kong) and Interdax Global Limited (Hong Kong) |
CAGR | % |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Digital Asset Trading System market throughout the predicted period.
Bakkt Holdings, LLC (United States), BitMonEx (Hong Kong), Bittrex International GmbH (Liechtenstein), BMXDM Technology Pte. Ltd. (Singapore), CEX.IO Ltd. (United Kingdom), ChangeNOW International ltd. (Seychelles), Devexperts LLC (United States), Eris Exchange, LLC (United States), iFinex Inc. (Hong Kong) and Interdax Global Limited (Hong Kong) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Payward Entities (United States), Polo Digital Assets, Ltd. (Poloniex) (United States) and ShapeShift Global Limited (Switzerland).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Digital Asset Trading System market by Type , by Application (Hedge Funds, Private Buy-and-Hold Funds and Public Traded Funds) and Region with country level break-up.
On the basis of geography, the market of Digital Asset Trading System has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2022.
Market Leaders and their expansionary development strategies
On 17th February, 2021 - Diginex Limited Launched its Front-to-Back Digital Assets Trading, Portfolio Management and Risk Platform Powered by Itiviti. The New “Access” Provides Investors with An Aggregated Order Book Across Exchanges, And the Ability to Ensure Best Execution Across Their Previously Disparate Liquidity Pools.
Influencing Trend:
Surge in Number of Direct Trading Entities
Market Growth Drivers:
Rising Financial Awareness Among Millennial Generation and Increasing Number of Digital Trading Literacy Programs
Challenges:
Market Penetration Across New Regions and Presence of Counterfeit Platforms
Restraints:
Technical Glitches and Errors and Data Theft and Cyber Vulnerabilities
Opportunities:
Growing Legalization of Digital Asset Trading Across New Regions
Key Target Audience
Digital Asset Trading System Providers, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others