Reports and research
Published intelligence for digital asset teams
Access published reports and institutional research covering digital assets, tokenization, Web3, DeFi, regulation and financial infrastructure.
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Research library
Reports are ordered by publication date so the latest market intelligence is always easiest to find.

The 2025 Geography of Cryptocurrency Report
By ChainalysisA global view of crypto adoption, regional market activity and the forces shaping institutional and consumer use of digital assets.
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State of Crypto 2025
By Andreessen HorowitzA data-led assessment of crypto adoption, stablecoins, infrastructure, market activity and the technologies moving onchain.
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The Next-Generation Monetary and Financial System
By Bank for International SettlementsA central-bank perspective on tokenisation, unified ledgers, settlement, programmable finance and the future architecture of money.
Access ReportAsset Tokenization in Financial Markets
By World Economic ForumA market-structure report covering tokenization use cases, interoperability, regulation and infrastructure for the next generation of value exchange.
Access ReportFrom Ripples to Waves: The Transformational Power of Tokenizing Assets
By McKinsey & CompanyAn institutional view of tokenization adoption, market momentum, implementation barriers and the conditions needed for scaled financial-asset tokenization.
Access ReportGlobal Regulatory Framework for Crypto-asset Activities
By Financial Stability BoardHigh-level recommendations for consistent and comprehensive regulation, supervision and oversight of crypto-asset activities and markets.
Access ReportCrypto-Asset Reporting Framework and 2023 Update to the Common Reporting Standard
By OECDThe international framework for tax transparency and information exchange covering crypto-assets, intermediaries and reporting obligations.
Access ReportThe Tokenisation Continuum
By Bank for International SettlementsResearch into how tokenisation may reshape financial-market infrastructure, asset representation and settlement arrangements.
Access ReportThe Financial Stability Risks of Decentralised Finance
By Financial Stability BoardAn examination of DeFi vulnerabilities, transmission channels, data gaps and the policy questions facing financial authorities.
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