BCG says digital assets offer $100M upside for regional banks

Community Trust Score Verified 81 % Real Verified 21 votes Updated 6 minutes ago Boston Consulting Group announced a study on October 22 estimating that a regional bank with $200 billion to $300 billion in assets could generate $80 million to $100 million in profit-and-loss upside by integrating digital asset custody solutions. The research, commissioned by Ripple, argues that custody architecture is a primary determinant of which digital asset services a bank can successfully deploy. The study estimates that more than 30% of digital assets held outside of centralized exchanges are currently managed through institutional custody models.

Source: The Currency Analytics