Zurich, 24 January 2021 – Sygnum Bank has published its Digital Asset Outlook 2021 report, analysing the developments that shaped the crypto industry in 2020 and providing a strategic outlook for the market and its key sectors and trends for the year ahead. Key report takeaways include:
- Crypto markets momentum continues
- Bullish Bitcoin market fuelled by accelerating institutional flow
- Ethereum 2.0 drives industry-wide innovation
- DeFi on the edge of exponential growth
- Digital assets ready to jump the adoption chasm
- Digital asset companies become more like banks13
- Stablecoins reinvent cross border payments
- The promise of tokenization starts to unfold
- Regulation kick-starts scalable asset tokenization
2020 has been a momentous year for the digital asset industry, including cryptocurrencies, stablecoins and asset tokens. From the COVID-inflicted market panic in March to new all-time highs by the end of the year, 2020 has been a year of ground-breaking market firsts, accelerating institutional adoption, increased regulatory clarity in several jurisdictions, but also more rigorous regulatory clamp downs.
The digital asset industry has reached a level of maturity that is hard to ignore, irrespective of whether one is a proponent or critic. As Sygnum’s Digital Asset Outlook goes to press, it is fair to assume that digital assets are being discussed in thousands of boardrooms across the world. Stay away or embrace? While four years ago the narrative regularly went along the lines of “Bitcoin is just a bubble, but we like the Blockchain technology”, today many decision-makers follow a more in-depth and informed analysis and debate. This itself is a win for the industry.
In this report we set out our bold predictions on where the industry is headed this year, from the crypto markets and its leading protocols as well as trends such as DEFI to stablecoins, tokenization and fast developing digital asset regulations.
Our hope is that by the end of this report, you have a clear sense of the technological and market forces, industry dynamics and breakthrough innovations that will shape the industry in 2021. We are excited to see our vision of Future Finance – a trusted, secure and efficient global finance industry – accelerated and continuously “opened-up” by these developments.
We continue to build this future on the Sygnum code of Trust, Technology, Together. Join us as we empower our clients to invest in the digital asset economy with complete trust, and enjoy the read!
Mathias Imbach, Sygnum Co-founder and Group CEO
Disclaimer: This document was prepared by Sygnum Bank AG. This document may contain forward looking statements and may be subject to change. The opinions expressed herein are those of Sygnum Bank AG, its affiliates, and partners at the time of writing. The document is for informational purposes only and contains general material. It is for use by the recipient only. It does not constitute any advice or recommendation, an offer or invitation by or on behalf of Sygnum Bank AG to purchase or sell assets or securities. It is not intended to be used as a general guide to investing and should be used for informational purposes only. When making an investment decision, you should either conduct your own research and analysis or seek advice from an expert to make a calculated decision. The information and analyses contained in this document have been compiled from sources believed to be reliable. However, Sygnum Bank AG makes no representation as to its reliability or completeness and disclaims all liability for losses arising from the use of this information.