In a paper titled ‘institutionalisation of crypto assets’ KPMG has outlined how it believes cryptoassets will eventually reach their full potential and how its clients can ride the wave.

“Cryptoassets are now impossible to ignore,” the paper states.

“In 2018, we are seeing a wave of new entrants in the market such as security token platforms, stablecoins, and even established financial services institutions that are launching crypto products and services.”