European DLT and Digital Assets Study 2024
Ready for DLT in financial services?
State of DLT & DA adoption and implications for financial institutions
zeb expects the market for cryptocurrencies, tokenized securities, tokenized real assets, stablecoins and central bank digital currencies in the European Union, Switzerland and Liechtenstein to grow as much as fifteenfold between 2024 and 2030. As the market for digital assets (DA) slowly matures, financial institutions will need holistic strategic approaches that more broadly cover service offerings, technical processes, and platforms based on distributed ledger technology (DLT) to achieve the required profitability.
The zeb European DLT and Digital Assets Study shows that many institutions have continued to drive their DLT/DA agendas, undeterred by the “crypto winter” of declining crypto asset prices and trading volumes from mid-2022 to late 2023.
zeb surveyed executives from financial institutions in Germany, Switzerland, Austria, Liechtenstein, Luxembourg and the Netherlands with around EUR 5.5 trillion in assets under management, and distilled insights from more than 30 related projects. The results show that the window for hesitant financial institutions is closing.
Download the study and read more about:
- Market
- Regulation
- Service offerings
- Infrastructure
- Strategic imperatives