A new report prepared by S&P Global, an intelligence gathering and data company, predicts that the cryptocurrency and decentralized finance sectors will keep growing in 2022.
S&P Global Ratings Study Predicts Crypto and Decentralized Finance Will Continue to Grow in 2022.
S&P Global, an intelligence and data company, suggests that crypto and decentralized finance trends will continue to gather steam in 2022. In its latest report, the company examines the current state of the market and notes that, while there are still serious problems that could hinder adoption, the sector will keep growing by complementing traditional finance in the coming year.
, titled Global Credit Outlook 2022, declares that while crypto institutional investments are still concentrated in a few companies, this could lead to other institutions following suit. The report states:Three companies–Block.one, MicroStrategy, and Tesla–hold almost 84% of corporate investments in bitcoin. Yet, growing interest from institutional investors augurs accelerated expansion for cryptocurrencies as investment vehicles.
to address these issues quickly because they often still lack the frameworks to fully monitor crypto assets, and this becomes a challenge in itself.
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