Global Currency Exchange Companies Supporting Selected Cryptocurrencies

Global Currency Exchange Companies Supporting Selected Cryptocurrencies

Proof Point

All participating currency exchange companies in University of Cambridge study support bitcoin exchange transactions

Global Currency Exchange Companies Supporting Selected Cryptocurrencies

2017 (percentage)

Note: Exchanges include order-book exchange, brokerage service, trading platforms and custodial exchange. Data from University of Cambridge’s Global Cryptocurrency Benchmarking Study of 144 cryptocurrency organizations and 30 individual miners across 38 countries.

Proof Point Findings

  • Cryptocurrency – Digital or virtual currency that uses cryptography to regulate generation and verify transfer, independent from any central bank
  • Full Bitcoin Adoption – All cryptocurrency exchange respondents capable of exchanging bitcoins, while 43% and 35% support Ether and Litecoin exchange transactions, respectively
  • Cryptocurrency Minority – Aside from top three listed cryptocurrency, others only support minority of exchanges in market
  • Key Growth Drivers – Include proliferation of cryptocurrencies and related service providers, growing number of merchants and businesses adopting cryptocurrencies, and increasing public interest in alternatives to traditional currencies

Accelerator

Market Disruption

Sector

Financial Services

Source

Date Last Updated

September 9, 2017

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