Digital Gold: Study Sees Market Potential of $700 Billion
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Key takeaways While the traditional physical gold market is valued at around 13 trillion dollars (11.6 trillion euros), digital versions — including tokenized and vaulted assets — currently account for less than 1 percent of that total. Turning point for digital gold However, the World Gold Council (WGC) believes that the [...]
A new study by the World Gold Council estimates the previously untapped demand potential for digital gold to be up to $700 billion. Trust, regulation and a common infrastructure are crucial for future growth.
LAS VEGAS--( BUSINESS WIRE)--The digital gold market, currently valued at between $45 billion and $55 billion, could unlock up to $700 billion in latent demand, according to a new investigation by the World Gold Council and the Boston Consulting Group. The report points to a considerable untapped interest among retail investors: nearly nine out of ten respondents say they would consider investing in digital gold if the right conditions were met.
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