The Rabbit Hole #11🕳

Ark Invest released their Big Ideas 2022 Research report. Today, I thought I’d focus on what they said about blockchains and digital wallets:

Takeaway 1: ARK Expects Cryptoassets And Digital Wallets To Command Nearly $50 Trillion In Equity Market Capitalization By 2030

What this means for blockchain technology:

What this means for digital wallets:

In ARK’s view, digital wallets could scale at an annual rate of 69% in the US, from more than $400 billion in market capitalization to $5.7 trillion, and 78% globally, from $1.1 to $20 trillion, during the next five years!

Takeaway 2: Bitcoin and Ethereum

Probably nothing…

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derek_xyz

Researcher @ The Rabbit Hole | Associate @ the Rines Angel Fund | VP @ UNH E-Club | UNH Honors Student | DeFi + Web 3.0 Enthusiast 🚀💡