The crypto industry is expected to transition from a “cottage industry” with $50 billion of managed assets to a “formal, regulated asset management industry with $500-650 billion of assets over the next five years,” analysts led by Gautam Chhugani wrote.

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• Source: https://www.coindesk.com/markets/2023/09/26/crypto-fund-management-opportunity-could-be-worth-as-much-as-50b-bernstein-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines