Ripple: It is estimated that by 2030, over 10% of global assets will be tokenized

Golden Finance reports that Ripple predicts the global custodial services market will grow from $41 billion in 2023 to over $100 billion by 2033. Digital assets are driving this prosperity, and there is ample opportunity for custody providers in the entire financial industry to leverage this emerging technology. As institutional adoption of digital assets accelerates, customers seek more than just safekeeping; they expect advanced banking-level infrastructure to balance robust regulatory compliance with seamless round-the-clock availability. Custodians of digital assets who meet these requirements can get a piece of this multi-billion dollar market by facilitating custody, governance, and trading use cases.

By 2030, it is expected that over 10% of global assets will be tokenized, including RWAs such as financial instruments (stocks, bonds, ETFs) and even art pieces and carbon credits. This wave of digitization transforming the custodial landscape requires next-generation solutions. The 24/7 nature of digital asset movement and trading demands cryptocurrency custodians provide continuous accessibility for institutional clients without compromising security. Digital asset custodians must also support all relevant L1 blockchains, higher throughput capabilities as well as access to transactional and liquidity venues. Moreover, with increasing transaction volumes, custodians must ensure their infrastructure can scale effectively without impacting efficiency or global regulatory compliance.

Beyond these basic functions, custodians deploying institutional-grade solutions (which allow customizable control over operational and security models including flexible deployment or management of private keys) can offer innovative new use cases for their clients. These may include: issuing and custodying tokenized securities & RWAs or cryptocurrency wallets for both institutional investors & retail investors; robust compliance controls & advanced governance frameworks providing asset protection; becoming sub-custodian on a global network enhancing service distribution; seamless access to liquidity providers exchanges along with lending & collateral platforms.