Crypto Fund Management Opportunity Could Be Worth as Much as $50B, Bernstein Says

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New Stablecoin Issuer Raft Is Eschewing Fiat for Its Financial Backing
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The crypto industry is expected to transition from a “cottage industry” with $50 billion of managed assets to a “formal, regulated asset management industry with $500-650 billion of assets over the next five years,” analysts led by Gautam Chhugani wrote.

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