What’s Going On?
A new research report claims 20 industries will see $2.5 trillion worth of blockchain opportunities over the next 10 years.
Why Does It Matter?
The report – Investment Strategies for Blockchain: A $2.5 Trillion Opportunity? – has been issued by SharesPost, a global provider of private capital markets research.
The company says the emergence of blockchain technology, cryptocurrencies and tokens will fundamentally change the private capital market.
Trillians – Not Billions?
Trillions. This enormous potential represents fifteen times the estimated value of cryptocurrencies and blockchain startups today, says SharesPost. Blockchain technology will become increasingly important to individual and institutional investors in the future, said the company, which highlights four ways investors should approach markets disrupted by blockchain technology.
These four key areas are Investing in cryptocurrencies; Investing in publicly traded blockchain proxies, including credit card companies such as MasterCard and Visa; Investing in tokens via Initial Coin Offerings (ICOs); and Investing in blockchain startups such as Circle, Coinbase Ripple, and Bitpay.
Rohit Kulkarni, Managing Director and Head of Research at SharesPost, said: “Blockchain has always been deemed a disruptive technology, but in quantifying its actual market potential, we hope/plan to showcase the possible impact this technology could have over the next several years. As such, blockchain is becoming increasingly important to individual and institutional investors who are looking to enter the markets most impacted by the technology.”