The global social trading market is anticipated to grow at a CAGR of 15.6% during the forecast period (2021-2027). The rising inclination of traders towards the social trading platforms is expected to drive the global social trading market. With increasing digitalization, and rising penetration of cryptocurrency investors are willing to invest in these platforms for social trading. The high inclination of traders towards increased transparency and open information is a key trend in the social trading market. With rising inclination of investors in social trading software developers are focusing on platform up gradation to offer best suitable platform for social trading.
Browse the full report description of "Global Social Trading Market Size, Share & Trends Analysis Report by Type (Single Trade, Copy Trade, Mirror Trade), By End-User (Individual, Enterprise) Forecast Period 2021-2027" at https://www.omrglobal.com/industry-reports/social-trading-market
Additionally, many project startups of social trading platform are raising funding for the development of this technology. For instance, in April 2021, Enso Finance, a project aimed at creating a dedicated social trading platform on the Ethereum network, has raised $5.0 million. VC firm Polychain Capital and the Dfinity Beacon Fund are the major funders for the project. Additionally, the funding round involved participation from companies such as Multicoin Capital, P2P Capital, and Spartan Group, as well as angel investors from Synthetix, Messari, Aave and others.
Market Coverage
o By Type
o By End-User
o North America
o Europe
o Asia-Pacific
o Rest of the World
Key questions addressed by the report
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
Global Social Trading Market Report Segment
By Type
By End-User
Global Social Trading Market Report Segment by Region
North America
Europe
Asia-Pacific
Rest of the World
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