Cryptocurrency News

Hardware wallet industry to outstrip crypto exchanges: Report

07/22/2022

Less than a minute

2022.07.22 04:14

Hardware wallet industry to outstrip crypto exchanges: Report

The crypto hardware wallet industry could be growing at a faster pace than cryptocurrency exchanges, data from several studies suggest.

The current bear market has accelerated the development of the cold wallet industry, while many centralized crypto exchanges were scrambling to maintain operations. According to a report by business intelligence firm Vantage Market Research, the revenue of global crypto trading platforms amounted to $330 million in 2021.

07/22/2022

Less than a minute

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