Trust & Corporate Services Market Booms with Digital Shift
The global trust and corporate services market is growing fast, driven by stricter regulations, the rise of digital assets, and increasing demand from global businesses. As more companies expand across borders and embrace digital tools, the need for secure, compliant, and flexible trust and corporate services is becoming more urgent than ever.
**Market Overview and Growth**
In 2024, the market was valued at $13.86 billion and is projected to grow to $20.05 billion by 2033. This growth is happening at a steady pace of 4.19% per year. The push behind this includes new global rules, especially in the crypto space, and a focus on things like environmental, social, and governance (ESG) practices.
**Stricter Regulations Are Changing the Game**
New laws are creating more work for businesses and pushing them to seek expert help. For example, the EU’s MiCA regulation is forcing crypto companies to report lots of detailed data by June 2025. Providers of crypto services must also follow new rules under DORA, which focuses on digital resilience. Other rules like the Transfer of Funds Regulation (TFR) are making it mandatory for crypto firms to share personal data securely. These changes mean compliance is no longer optional—it’s a must, and it’s fueling demand for trusted corporate service providers.
**Boom in Digital Asset Products**
Digital assets are also driving demand for corporate services. ETFs (exchange-traded funds) backed by Bitcoin and Ethereum are bringing in huge investment. By the end of 2024, these ETFs had over $138 billion in managed assets. In 2025 alone, U.S. Bitcoin ETFs attracted $29.4 billion, and Ethereum ETFs brought in $9.4 billion. More crypto ETFs—like those based on Solana, XRP, and Dogecoin—are being launched, adding complexity that requires advanced administration.
In Canada and Europe, new products like Solana ETFs with built-in staking rewards or physically-backed ETPs for niche assets are becoming popular. These products require detailed fund management and reporting, creating more business for trust and corporate service providers.
**Tokenized Real-World Assets Are Opening New Markets**
Real-world assets like real estate and private credit are being turned into digital tokens. By mid-2025, tokenized assets (excluding stablecoins) had already passed $27.6 billion. BlackRock’s tokenized money market fund hit $2 billion within weeks of its launch in March 2024. Real estate tokens alone reached $412 billion by mid-2025.
This tokenization trend means companies need help with things like on-chain loan servicing, real estate data management, and compliance tracking—all areas where trust service providers step in.
**Institutional Staking Is a Major Opportunity**
Institutions are also getting into staking—locking up their crypto to earn rewards. By September 2025, nearly 827,000 ETH were waiting to be staked. Platforms like Lido and Rocket Pool handled over $50 billion in staked assets by early 2025. Figment, a top staking service provider, grew its client base to 700 companies by late 2024 and added support for several new blockchain protocols.
As more money flows into staking, providers are needed to manage operations securely and ensure compliance with financial regulations.
**Who’s Leading the Market?**
The market is becoming more competitive as crypto-native firms and traditional banks race to dominate. Coinbase Custody led the pack by offering services for most U.S.-based Bitcoin ETFs. It supported over 440 assets across 38 blockchains by 2025. Meanwhile, BNY Mellon managed a massive $53 trillion in custodial assets.
Different firms are finding ways to stand out. Anchorage Digital focused on fast processing times (under 15 minutes), while Fidelity partnered with institutions to launch tokenized funds. BitGo specialized in handling tokenized equity offerings.
**Security Is a Growing Concern**
Cyber threats are rising fast. A major hack in 2025 led to $1.5 billion in losses, pushing companies to use insured cold storage for their digital assets. Scams like “pig butchering” drove losses to $12.5 billion in 2024 alone. Attacks targeting private keys caused almost half of all stolen funds.
To fight back, service providers are adopting secure wallet solutions and biometric ID checks. Wallet attacks accounted for nearly a quarter of all stolen funds in early 2025—showing just how critical strong security has become.
**AML/KYC Rules Are Evolving Fast**
To prevent fraud and illegal activity, anti-money laundering (AML) and know-your-customer (KYC) rules are tightening. By the end of 2024, over 90% of crypto exchanges met AML/KYC standards. New technologies helped reduce compliance costs from $620,000 to $450,000 for mid-sized firms.
However, old systems often gave false alerts—up to 95% of the time—so companies are now turning to AI-powered tools for better results. The market for on-chain KYC services reached $572 million in 2024, showing strong demand for smarter compliance solutions.
**Talent Shortages Are Slowing Down Growth**
As the market grows, finding skilled workers is becoming harder. Compliance hiring jumped 40% in early 2025, and nearly one-third of blockchain jobs now require knowledge of regulations. There’s also high demand for experts who understand both blockchain and AI.
At the same time, trading volumes are booming—stablecoins alone moved $1.48 trillion per month in early 2025. With over 300 million institutional wallets now connected to custodial platforms, companies must scale up fast or risk falling behind.
**Hybrid Models Are the Future**
The future of trust services lies in hybrid models that connect traditional finance with digital assets. In 2025, “super apps” emerged that let users manage both stocks and tokenized assets in one place under unified regulations.
Real-world use is growing too—by early 2025, nearly 1 in 5 real estate firms were using tokenized assets or accepting crypto payments. Regulators are adapting as well: the SEC and CFTC launched a sandbox program to test hybrid financial models safely.
A majority of investment professionals—87%—believe digital assets will play a key role in their strategies going forward. Banks are following suit: by 2024, more than half had plans to work with crypto custody providers.
**Key Players in the Market**
Major players shaping this fast-changing industry include:
– Coinbase Custody
– BNY Mellon
– Anchorage Digital
– Fidelity Digital Assets
– BitGo
– Figment
– Lido
– Rocket Pool
– VanEck
– Grayscale
– BlackRock
These companies are investing heavily in infrastructure, security, compliance tools, and customer experience to stay ahead as traditional finance merges with the digital asset economy.
The Trust and Corporate Service Market is evolving rapidly—and only those who can keep up with tech changes, regulatory shifts, and client needs will lead this next phase of global finance.