The digital asset ecosystem has experienced significant growth over the last year. Since January 1, 2017, the total market capitalization of all digital assets has increased nearly 10x to reach a current valuation of approximately $180 billion. We have also seen the number of assets, breadth of companies, and amount of capital grow significantly:
- There are more than 1,100 digital assets listed on exchanges
- Over 100 crypto hedge funds have collectively raised over $2 billion of capital
- Venture firms have invested more than $800 million into digital asset startups
Customers often ask us how we decide which assets to support. By sharing this framework we hope to improve transparency and highlight the factors we evaluate when considering which new assets to support on GDAX.
This framework is not intended to be a definitive methodology, investment advice, or a commitment to support any specific asset. As the technology, use cases, and regulatory environment evolve, so too will this framework. We are committed to supporting more assets, but our priority is always to protect customer funds and comply with regulatory requirements.
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