Tiger Research releases research on the evolution of crypto custody toward a trust bank model
BIBIBI
AT A GLANCE
Tiger Research states that the digital asset custody model has reached its ceiling, and some institutions are expanding into stablecoins, asset management, and AI services.
Article
Tiger Research: The Crypto Industry's Next Chapter, from Custody to Trust
The digital asset custody industry 1 has seen explosive growth this year, with the number of compliant custodians in Europe surging -fold, while giants such as Standard Chartered and Citigroup accelerate their entry. The pure custody model has reached its ceiling, and institutions such as Anchorage and BitGo are leveraging U.S. trust bank charters to transform across stablecoin issuance, active asset management, and AI agent services, vying for the next golden era of institutional crypto finance.
Tiger Research states that the digital asset custody industry 1 has experienced explosive growth this year.
02
The original text states that the number of compliant custodians in Europe 1 surged -fold this year.
03
The original text states that institutions such as Standard Chartered and Citigroup are accelerating their entry into the digital asset custody industry.
04
The original text states that institutions such as Anchorage and BitGo are leveraging U.S. trust bank charters to expand stablecoin issuance, active asset management, and AI agent services.
05
The original text includes a link to a PANews article.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Custody means safeguarding digital assets for clients. The material argues that offering safekeeping services alone has limited room for development; therefore, some custodians are attempting to add stablecoin, asset management, and AI agent-related services.
Why it matters to readers
If the trends in the material hold, the competitive scope of digital asset custodians will expand from asset safekeeping to a broader range of institutional financial services.
Beginners can understand this as follows: some crypto asset custodians hope to provide more financial and technical services, but the growth data and business developments in the material still require verification.
Risks and unknowns
The original text does not provide the statistical methodology, specific start and end dates, or original data source for the “-fold growth.”
The original text does not include regulatory documents to verify the relevant U.S. trust bank charters and their business scope.
The original text does not include company announcements to confirm the relevant business developments of Anchorage and BitGo.
“The pure custody model has reached its ceiling” and “the next golden era” are judgmental statements; the outcome remains uncertain.
Related Developments
Loading event timeline…
Related concepts
Digital asset custody
This term is not in the glossary yet. Browse related concepts in the glossary.
