Skip to content
Airdrop News

Airdrop news, gathered from 259 outlets every half hour

BCG says digital assets offer $100M upside for regional banks

Picture: The Currency Analytics

Community Trust Score Verified 81 % Real Verified 21 votes Updated 6 minutes ago Boston Consulting Group announced a study on October 22 estimating that a regional bank with $200 billion to $300 billion in assets could generate $80 million to $100 million in profit-and-loss upside by integrating digital asset custody solutions. The research, commissioned by Ripple, argues that custody architecture is a primary determinant of which digital asset services a bank can successfully deploy. The study estimates that more than 30% of digital assets held outside of centralized exchanges are currently managed through institutional custody models.

You are reading an excerpt. The Currency Analytics wrote and owns the full article.

Continue reading at thecurrencyanalytics.com