BlockBeats news, July 3, according to CoinDesk, investment bank Architect Partners said in its quarterly report released last week that the digital asset industry is beginning an important growth phase and is much better than two years ago.
The firm said the digital currency industry added more than $750 billion in value in the first half of the year. Drivers of growth included a surge in the value of crypto tokens exceeding $700 billion, the successful launch of a U.S. Bitcoin spot ETF that attracted more than $15 billion, and the appreciation of publicly listed cryptocurrency companies that added an additional $11 billion.
The report pointed out that both cryptocurrencies and the Internet are disruptive technologies with very similar characteristics, and mentioned that the digital currency market is recovering faster than the Internet recovered after the bursting of the Internet bubble in 2000 in the "crypto winter".