1.2 The Digital Assets Industry Overview — DreamHaven
The digital assets market has been gaining momentum in recent years as digital
transformation brings people together from all over the world through frictionless
money transfers, seamless electronic payments, and disruptive digital assets savings and lending programs.
The cryptocurrency market has shown explosive growth as it recently reached a new all-time high market capitalization of around $2 trillion USD in April 2021*, and is expected to continue growing at an exponential rate. Furthermore, the digital assets market has gradually received mainstream acceptance with the increasing clarity of regulations regarding digital assets products and services.
In addition to cryptocurrency, we also see more use cases and opportunities
surrounding NFTs or Non-Fungible Tokens. NFTs are a relatively new product as more than $2 billion USD were spent on NFT (Non-fungible tokens) in Q1 2021. This
explosive growth in the NFT sector represents a significant opportunity for DreamHaven to deep dive into and work with various business partners to offer exclusive items to
benefit our users.
