Global Cryptocurrency Banking Market Research Report 2023

Cryptocurrency is the digital asset that uses encryption to generate and transfer funds in the form of units of currency without any central administration. The system uses a decentralized distributed ledger technology for establishing standards and governance around the fund transfer and other transactions. This banking system provides the user with low cost and efficient method of payment that minimizes the need for third party verification and processing time. Additionally, this system offers more economic cross-border transaction solutions by reducing the cost associated with trade and documentation processes.

The global Cryptocurrency Banking market was valued at US$ million in 2022 and is anticipated to reach US$ million by 2029, witnessing a CAGR of % during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

North American market for Cryptocurrency Banking is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.

Asia-Pacific market for Cryptocurrency Banking is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.

The global market for Cryptocurrency Banking in Trading is estimated to increase from $ million in 2023 to $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.

The key global companies of Cryptocurrency Banking include BiTex, Coinbase, Gemini, Coolbitx, Xapo, Solidi, Safello and Volabit, etc. In 2022, the world's top three vendors accounted for approximately % of the revenue.

This report aims to provide a comprehensive presentation of the global market for Cryptocurrency Banking, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Cryptocurrency Banking.

The Cryptocurrency Banking market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Cryptocurrency Banking market comprehensively. Regional market sizes, concerning products by type, by application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Cryptocurrency Banking companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.

1.1 Study Scope

1.2 Market Analysis by Type

1.2.1 Global Cryptocurrency Banking Market Size Growth Rate by Type: 2018 VS 2022 VS 2029

1.2.2 Bitcoin

1.2.3 Ether

1.2.4 Dash

1.2.5 Monero

1.2.6 Ripple

1.2.7 Litecoin

1.2.8 Others

1.3 Market by Application

1.3.1 Global Cryptocurrency Banking Market Growth by Application: 2018 VS 2022 VS 2029

1.3.2 Trading

1.3.3 Payment

1.3.4 Remittance

1.3.5 Others

1.4 Study Objectives

1.5 Years Considered

1.6 Years Considered

2.1 Global Cryptocurrency Banking Market Perspective (2018-2029)

2.2 Cryptocurrency Banking Growth Trends by Region

2.2.1 Global Cryptocurrency Banking Market Size by Region: 2018 VS 2022 VS 2029

2.2.2 Cryptocurrency Banking Historic Market Size by Region (2018-2023)

2.2.3 Cryptocurrency Banking Forecasted Market Size by Region (2024-2029)

2.3 Cryptocurrency Banking Market Dynamics

2.3.1 Cryptocurrency Banking Industry Trends

2.3.2 Cryptocurrency Banking Market Drivers

2.3.3 Cryptocurrency Banking Market Challenges

2.3.4 Cryptocurrency Banking Market Restraints

3.1 Global Top Cryptocurrency Banking Players by Revenue

3.1.1 Global Top Cryptocurrency Banking Players by Revenue (2018-2023)

3.1.2 Global Cryptocurrency Banking Revenue Market Share by Players (2018-2023)

3.2 Global Cryptocurrency Banking Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

3.3 Players Covered: Ranking by Cryptocurrency Banking Revenue

3.4 Global Cryptocurrency Banking Market Concentration Ratio

3.4.1 Global Cryptocurrency Banking Market Concentration Ratio (CR5 and HHI)

3.4.2 Global Top 10 and Top 5 Companies by Cryptocurrency Banking Revenue in 2022

3.5 Cryptocurrency Banking Key Players Head office and Area Served

3.6 Key Players Cryptocurrency Banking Product Solution and Service

3.7 Date of Enter into Cryptocurrency Banking Market

3.8 Mergers & Acquisitions, Expansion Plans

4.1 Global Cryptocurrency Banking Historic Market Size by Type (2018-2023)

4.2 Global Cryptocurrency Banking Forecasted Market Size by Type (2024-2029)

5.1 Global Cryptocurrency Banking Historic Market Size by Application (2018-2023)

5.2 Global Cryptocurrency Banking Forecasted Market Size by Application (2024-2029)

6.1 North America Cryptocurrency Banking Market Size (2018-2029)

6.2 North America Cryptocurrency Banking Market Growth Rate by Country: 2018 VS 2022 VS 2029

6.3 North America Cryptocurrency Banking Market Size by Country (2018-2023)

6.4 North America Cryptocurrency Banking Market Size by Country (2024-2029)

6.5 United States

6.6 Canada

7.1 Europe Cryptocurrency Banking Market Size (2018-2029)

7.2 Europe Cryptocurrency Banking Market Growth Rate by Country: 2018 VS 2022 VS 2029

7.3 Europe Cryptocurrency Banking Market Size by Country (2018-2023)

7.4 Europe Cryptocurrency Banking Market Size by Country (2024-2029)

7.5 Germany

7.6 France

7.7 U.K.

7.8 Italy

7.9 Russia

7.10 Nordic Countries

8.1 Asia-Pacific Cryptocurrency Banking Market Size (2018-2029)

8.2 Asia-Pacific Cryptocurrency Banking Market Growth Rate by Region: 2018 VS 2022 VS 2029

8.3 Asia-Pacific Cryptocurrency Banking Market Size by Region (2018-2023)

8.4 Asia-Pacific Cryptocurrency Banking Market Size by Region (2024-2029)

8.5 China

8.6 Japan

8.7 South Korea

8.8 Southeast Asia

8.9 India

8.10 Australia

9.1 Latin America Cryptocurrency Banking Market Size (2018-2029)

9.2 Latin America Cryptocurrency Banking Market Growth Rate by Country: 2018 VS 2022 VS 2029

9.3 Latin America Cryptocurrency Banking Market Size by Country (2018-2023)

9.4 Latin America Cryptocurrency Banking Market Size by Country (2024-2029)

9.5 Mexico

9.6 Brazil

10.1 Middle East & Africa Cryptocurrency Banking Market Size (2018-2029)

10.2 Middle East & Africa Cryptocurrency Banking Market Growth Rate by Country: 2018 VS 2022 VS 2029

10.3 Middle East & Africa Cryptocurrency Banking Market Size by Country (2018-2023)

10.4 Middle East & Africa Cryptocurrency Banking Market Size by Country (2024-2029)

10.5 Turkey

10.6 Saudi Arabia

10.7 UAE

11.1 BiTex

11.1.1 BiTex Company Detail

11.1.2 BiTex Business Overview

11.1.3 BiTex Cryptocurrency Banking Introduction

11.1.4 BiTex Revenue in Cryptocurrency Banking Business (2018-2023)

11.1.5 BiTex Recent Development

11.2 Coinbase

11.2.1 Coinbase Company Detail

11.2.2 Coinbase Business Overview

11.2.3 Coinbase Cryptocurrency Banking Introduction

11.2.4 Coinbase Revenue in Cryptocurrency Banking Business (2018-2023)

11.2.5 Coinbase Recent Development

11.3 Gemini

11.3.1 Gemini Company Detail

11.3.2 Gemini Business Overview

11.3.3 Gemini Cryptocurrency Banking Introduction

11.3.4 Gemini Revenue in Cryptocurrency Banking Business (2018-2023)

11.3.5 Gemini Recent Development

11.4 Coolbitx

11.4.1 Coolbitx Company Detail

11.4.2 Coolbitx Business Overview

11.4.3 Coolbitx Cryptocurrency Banking Introduction

11.4.4 Coolbitx Revenue in Cryptocurrency Banking Business (2018-2023)

11.4.5 Coolbitx Recent Development

11.5 Xapo

11.5.1 Xapo Company Detail

11.5.2 Xapo Business Overview

11.5.3 Xapo Cryptocurrency Banking Introduction

11.5.4 Xapo Revenue in Cryptocurrency Banking Business (2018-2023)

11.5.5 Xapo Recent Development

11.6 Solidi

11.6.1 Solidi Company Detail

11.6.2 Solidi Business Overview

11.6.3 Solidi Cryptocurrency Banking Introduction

11.6.4 Solidi Revenue in Cryptocurrency Banking Business (2018-2023)

11.6.5 Solidi Recent Development

11.7 Safello

11.7.1 Safello Company Detail

11.7.2 Safello Business Overview

11.7.3 Safello Cryptocurrency Banking Introduction

11.7.4 Safello Revenue in Cryptocurrency Banking Business (2018-2023)

11.7.5 Safello Recent Development

11.8 Volabit

11.8.1 Volabit Company Detail

11.8.2 Volabit Business Overview

11.8.3 Volabit Cryptocurrency Banking Introduction

11.8.4 Volabit Revenue in Cryptocurrency Banking Business (2018-2023)

11.8.5 Volabit Recent Development

13.1 Research Methodology

13.1.1 Methodology/Research Approach

13.1.2 Data Source

13.2 Disclaimer

13.3 Author Details

List of Tables

    Table 1. Global Cryptocurrency Banking Market Size Growth Rate by Type (US$ Million): 2018 VS 2022 VS 2029

    Table 2. Key Players of Bitcoin

    Table 3. Key Players of Ether

    Table 4. Key Players of Dash

    Table 5. Key Players of Monero

    Table 6. Key Players of Ripple

    Table 7. Key Players of Litecoin

    Table 8. Key Players of Others

    Table 9. Global Cryptocurrency Banking Market Size Growth by Application (US$ Million): 2018 VS 2022 VS 2029

    Table 10. Global Cryptocurrency Banking Market Size by Region (US$ Million): 2018 VS 2022 VS 2029

    Table 11. Global Cryptocurrency Banking Market Size by Region (2018-2023) & (US$ Million)

    Table 12. Global Cryptocurrency Banking Market Share by Region (2018-2023)

    Table 13. Global Cryptocurrency Banking Forecasted Market Size by Region (2024-2029) & (US$ Million)

    Table 14. Global Cryptocurrency Banking Market Share by Region (2024-2029)

    Table 15. Cryptocurrency Banking Market Trends

    Table 16. Cryptocurrency Banking Market Drivers

    Table 17. Cryptocurrency Banking Market Challenges

    Table 18. Cryptocurrency Banking Market Restraints

    Table 19. Global Cryptocurrency Banking Revenue by Players (2018-2023) & (US$ Million)

    Table 20. Global Cryptocurrency Banking Market Share by Players (2018-2023)

    Table 21. Global Top Cryptocurrency Banking Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Cryptocurrency Banking as of 2022)

    Table 22. Ranking of Global Top Cryptocurrency Banking Companies by Revenue (US$ Million) in 2022

    Table 23. Global 5 Largest Players Market Share by Cryptocurrency Banking Revenue (CR5 and HHI) & (2018-2023)

    Table 24. Key Players Headquarters and Area Served

    Table 25. Key Players Cryptocurrency Banking Product Solution and Service

    Table 26. Date of Enter into Cryptocurrency Banking Market

    Table 27. Mergers & Acquisitions, Expansion Plans

    Table 28. Global Cryptocurrency Banking Market Size by Type (2018-2023) & (US$ Million)

    Table 29. Global Cryptocurrency Banking Revenue Market Share by Type (2018-2023)

    Table 30. Global Cryptocurrency Banking Forecasted Market Size by Type (2024-2029) & (US$ Million)

    Table 31. Global Cryptocurrency Banking Revenue Market Share by Type (2024-2029)

    Table 32. Global Cryptocurrency Banking Market Size by Application (2018-2023) & (US$ Million)

    Table 33. Global Cryptocurrency Banking Revenue Market Share by Application (2018-2023)

    Table 34. Global Cryptocurrency Banking Forecasted Market Size by Application (2024-2029) & (US$ Million)

    Table 35. Global Cryptocurrency Banking Revenue Market Share by Application (2024-2029)

    Table 36. North America Cryptocurrency Banking Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 37. North America Cryptocurrency Banking Market Size by Country (2018-2023) & (US$ Million)

    Table 38. North America Cryptocurrency Banking Market Size by Country (2024-2029) & (US$ Million)

    Table 39. Europe Cryptocurrency Banking Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 40. Europe Cryptocurrency Banking Market Size by Country (2018-2023) & (US$ Million)

    Table 41. Europe Cryptocurrency Banking Market Size by Country (2024-2029) & (US$ Million)

    Table 42. Asia-Pacific Cryptocurrency Banking Market Size Growth Rate by Region (US$ Million): 2018 VS 2022 VS 2029

    Table 43. Asia-Pacific Cryptocurrency Banking Market Size by Region (2018-2023) & (US$ Million)

    Table 44. Asia-Pacific Cryptocurrency Banking Market Size by Region (2024-2029) & (US$ Million)

    Table 45. Latin America Cryptocurrency Banking Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 46. Latin America Cryptocurrency Banking Market Size by Country (2018-2023) & (US$ Million)

    Table 47. Latin America Cryptocurrency Banking Market Size by Country (2024-2029) & (US$ Million)

    Table 48. Middle East & Africa Cryptocurrency Banking Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 49. Middle East & Africa Cryptocurrency Banking Market Size by Country (2018-2023) & (US$ Million)

    Table 50. Middle East & Africa Cryptocurrency Banking Market Size by Country (2024-2029) & (US$ Million)

    Table 51. BiTex Company Detail

    Table 52. BiTex Business Overview

    Table 53. BiTex Cryptocurrency Banking Product

    Table 54. BiTex Revenue in Cryptocurrency Banking Business (2018-2023) & (US$ Million)

    Table 55. BiTex Recent Development

    Table 56. Coinbase Company Detail

    Table 57. Coinbase Business Overview

    Table 58. Coinbase Cryptocurrency Banking Product

    Table 59. Coinbase Revenue in Cryptocurrency Banking Business (2018-2023) & (US$ Million)

    Table 60. Coinbase Recent Development

    Table 61. Gemini Company Detail

    Table 62. Gemini Business Overview

    Table 63. Gemini Cryptocurrency Banking Product

    Table 64. Gemini Revenue in Cryptocurrency Banking Business (2018-2023) & (US$ Million)

    Table 65. Gemini Recent Development

    Table 66. Coolbitx Company Detail

    Table 67. Coolbitx Business Overview

    Table 68. Coolbitx Cryptocurrency Banking Product

    Table 69. Coolbitx Revenue in Cryptocurrency Banking Business (2018-2023) & (US$ Million)

    Table 70. Coolbitx Recent Development

    Table 71. Xapo Company Detail

    Table 72. Xapo Business Overview

    Table 73. Xapo Cryptocurrency Banking Product

    Table 74. Xapo Revenue in Cryptocurrency Banking Business (2018-2023) & (US$ Million)

    Table 75. Xapo Recent Development

    Table 76. Solidi Company Detail

    Table 77. Solidi Business Overview

    Table 78. Solidi Cryptocurrency Banking Product

    Table 79. Solidi Revenue in Cryptocurrency Banking Business (2018-2023) & (US$ Million)

    Table 80. Solidi Recent Development

    Table 81. Safello Company Detail

    Table 82. Safello Business Overview

    Table 83. Safello Cryptocurrency Banking Product

    Table 84. Safello Revenue in Cryptocurrency Banking Business (2018-2023) & (US$ Million)

    Table 85. Safello Recent Development

    Table 86. Volabit Company Detail

    Table 87. Volabit Business Overview

    Table 88. Volabit Cryptocurrency Banking Product

    Table 89. Volabit Revenue in Cryptocurrency Banking Business (2018-2023) & (US$ Million)

    Table 90. Volabit Recent Development

    Table 91. Research Programs/Design for This Report

    Table 92. Key Data Information from Secondary Sources

    Table 93. Key Data Information from Primary Sources

List of Figures

    Figure 1. Global Cryptocurrency Banking Market Size Comparison by Type (2023-2029) & (US$ Million)

    Figure 2. Global Cryptocurrency Banking Market Share by Type: 2022 VS 2029

    Figure 3. Bitcoin Features

    Figure 4. Ether Features

    Figure 5. Dash Features

    Figure 6. Monero Features

    Figure 7. Ripple Features

    Figure 8. Litecoin Features

    Figure 9. Others Features

    Figure 10. Global Cryptocurrency Banking Market Size Comparison by Application (2023-2029) & (US$ Million)

    Figure 11. Global Cryptocurrency Banking Market Share by Application: 2022 VS 2029

    Figure 12. Trading Case Studies

    Figure 13. Payment Case Studies

    Figure 14. Remittance Case Studies

    Figure 15. Others Case Studies

    Figure 16. Cryptocurrency Banking Report Years Considered

    Figure 17. Global Cryptocurrency Banking Market Size (US$ Million), Year-over-Year: 2018-2029

    Figure 18. Global Cryptocurrency Banking Market Size, (US$ Million), 2018 VS 2022 VS 2029

    Figure 19. Global Cryptocurrency Banking Market Share by Region: 2022 VS 2029

    Figure 20. Global Cryptocurrency Banking Market Share by Players in 2022

    Figure 21. Global Top Cryptocurrency Banking Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Cryptocurrency Banking as of 2022)

    Figure 22. The Top 10 and 5 Players Market Share by Cryptocurrency Banking Revenue in 2022

    Figure 23. North America Cryptocurrency Banking Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 24. North America Cryptocurrency Banking Market Share by Country (2018-2029)

    Figure 25. United States Cryptocurrency Banking Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 26. Canada Cryptocurrency Banking Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 27. Europe Cryptocurrency Banking Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 28. Europe Cryptocurrency Banking Market Share by Country (2018-2029)

    Figure 29. Germany Cryptocurrency Banking Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 30. France Cryptocurrency Banking Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 31. U.K. Cryptocurrency Banking Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 32. Italy Cryptocurrency Banking Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 33. Russia Cryptocurrency Banking Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 34. Nordic Countries Cryptocurrency Banking Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 35. Asia-Pacific Cryptocurrency Banking Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 36. Asia-Pacific Cryptocurrency Banking Market Share by Region (2018-2029)

    Figure 37. China Cryptocurrency Banking Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 38. Japan Cryptocurrency Banking Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 39. South Korea Cryptocurrency Banking Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 40. Southeast Asia Cryptocurrency Banking Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 41. India Cryptocurrency Banking Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 42. Australia Cryptocurrency Banking Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 43. Latin America Cryptocurrency Banking Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 44. Latin America Cryptocurrency Banking Market Share by Country (2018-2029)

    Figure 45. Mexico Cryptocurrency Banking Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 46. Brazil Cryptocurrency Banking Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 47. Middle East & Africa Cryptocurrency Banking Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 48. Middle East & Africa Cryptocurrency Banking Market Share by Country (2018-2029)

    Figure 49. Turkey Cryptocurrency Banking Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 50. Saudi Arabia Cryptocurrency Banking Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 51. BiTex Revenue Growth Rate in Cryptocurrency Banking Business (2018-2023)

    Figure 52. Coinbase Revenue Growth Rate in Cryptocurrency Banking Business (2018-2023)

    Figure 53. Gemini Revenue Growth Rate in Cryptocurrency Banking Business (2018-2023)

    Figure 54. Coolbitx Revenue Growth Rate in Cryptocurrency Banking Business (2018-2023)

    Figure 55. Xapo Revenue Growth Rate in Cryptocurrency Banking Business (2018-2023)

    Figure 56. Solidi Revenue Growth Rate in Cryptocurrency Banking Business (2018-2023)

    Figure 57. Safello Revenue Growth Rate in Cryptocurrency Banking Business (2018-2023)

    Figure 58. Volabit Revenue Growth Rate in Cryptocurrency Banking Business (2018-2023)

    Figure 59. Bottom-up and Top-down Approaches for This Report

    Figure 60. Data Triangulation

    Figure 61. Key Executives Interviewed