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Top Banks to Launch Crypto Custody by 2025 Galaxy Research

Ali Raza
Last updated: December 29, 2024 1:48 pm
Ali Raza Published December 29, 2024
Top Banks to Launch Crypto

Analysts predict that the world’s four biggest banks will introduce Top Banks to Launch Crypto custody services in 2025. Galaxy Research reports that the world’s top four custodial banks will be able to offer digital asset services because of a pipeline created by the Office of the Comptroller of the Currency (OCC). The four of them are Citi, State Street, JPMorgan Chase, and BNY Mellon. Their combined assets under management are above $12 trillion.

Contents
Major Firms to Recommend 2% Bitcoin in 2025Nation States to Lead Bitcoin in 2025 GalaxyGive me the Heading for this Article

This implies that banks and other traditional financial institutions finally acknowledge the cryptocurrency business as a real asset. Market capitalization would be several orders of magnitude greater if even one per cent of the funds held by these four institutions were invested in Top Banks to Launch Crypto. Galaxy believes that nation-states will eventually start contributing with this kind of institutional drive.

Major Firms to Recommend 2% Bitcoin in 2025

BlackRock created quite a stir when it advised investors to view Bitcoin as a company similar to Apple or Amazon. According to the asset management giant, an appropriate allocation is between one and two per cent. However, no major company has followed through as of yet. Galaxy Research has stated that next year will be distinct. Professionals in the field have predicted that a leading financial management platform will issue a suggested Bitcoin allocation of 2% or more.

Nation States to Lead Bitcoin in 2025 Galaxy

Nation-States to Lead Bitcoin in 2025 Galaxy

State adoption follows corporate adoption. Much of the discussion over a Bitcoin reserve has focused on the United States. That’s because, despite the fact that some Bitcoiners think it’s a terrible idea, Top Banks to Launch Crypto commentators are hustling for President Trump to begin purchasing Bitcoin on behalf of the US government. According to Galaxy Research, however, the United States government will fall behind in the year 2025.

Analysts predict that nation-states will implement strategies to mine or purchase Bitcoin due to competition. This will be especially true of unaligned nations, governments with huge sovereign wealth funds, and even nations hostile to the United States. The US-based Top Banks to Launch Crypto wallets and websites that enable access to the decentralized financial system must perform background checks.

Give me the Heading for this Article

Galaxy analysts predict Ethereum will significantly return next year despite Bitcoin’s popularity. They anticipate that in 2025, the ETH/BTC ratio—which compares the value of Ethereum to that of Bitcoin—will fall below 0.03 before rising over 0.06 by the end of the year. The ratio has been declining continuously since Ethereum switched to proof-of-stake in the “Merge” upgrade of 2022 when Bitcoin was making enormous strides forward. We last encountered the 0.06 level midway through 2023.

According to Galaxy Research, new laws might increase Ethereum’s value, particularly for decentralized financial applications. Anticipated regulatory shifts will uniquely support Ethereum and its app layer, particularly DeFi, and reignite investor interest.

FAQs

Which banks are expected to offer crypto custody services in 2025?

The four largest custodial banks – Citi, State Street, JPMorgan Chase, and BNY Mellon – are projected to introduce crypto custody services, driven by regulatory developments from the OCC.

How much in assets do these banks manage collectively?

The combined assets under management (AUM) of these banks exceed $12 trillion.

Why is crypto custody by major banks significant?

It signals growing institutional acceptance of cryptocurrencies as legitimate assets, potentially driving massive capital inflows into the market.

What Bitcoin allocation does BlackRock recommend for investors?

BlackRock suggests allocating 1-2% of portfolios to Bitcoin, likening it to investing in tech giants like Apple or Amazon.

Will other firms recommend Bitcoin allocations?

Analysts predict that in 2025, major financial management firms will advise Bitcoin allocations of 2% or higher.

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By Ali Raza
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Ali Raza is an experienced freelance content writer. His focus is primarily on aster-crypto and btccoinzone. One might even refer to him as a "blockchain enthusiast." He has been following advancements in the crypto and blockchain area for several years, researching and writing his insights in the media. In addition to being a skilled content writer, Ali Raza is also knowledgeable in SEO and digital marketing. He aspires to succeed as a content creator in the digital realm, dealing with customers in the finance and tech industries to generate traffic through engaging taglines and content. Ali Raza enjoys traveling, reading, and playing cricket when not writing. He now works as a news and article writer for Astercrypto.
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