ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Business Spotlight

'Crypto winter' to 'ice age'? What 2023 holds for digital assets

After a year of turbulence, exchanges and investors hope for an eventual rebound

PAK YIU, DYLAN LOH and FRANCESCA REGALADO, Nikkei staff writers | Hong Kong

HONG KONG/SINGAPORE/BANGKOK -- Cryptocurrency investors may be used to volatility, but 2022 tested the faith of even the staunchest believers as exchanges and funds across the industry went into meltdown. Valuations plunged, companies folded and thousands were laid off.

Can the industry emerge from the downturn stronger? After a brutal year, even those who believe it can predict a long and rocky road ahead.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more