TigerResearch “Asia Web3 Market Lacks Mass Market Services, but Foundation is Being Built”

TigerResearch, a research and consulting firm specializing in Web3 in Asia, has released a report titled “Asia Web3 Market Trends: Q3 2024 Review”, a report titled ‘Asia Web3 Market Trends’. “Asia's Web3 market is booming. This is driven by a young, tech-savvy population and strong government and corporate support. South Korea, Japan, and Vietnam are leading the way. Regulatory changes are also taking place. Countries like South Korea, Indonesia, and Thailand are creating new regulatory frameworks to support blockchain innovation. These countries are encouraging various initiatives such as RWA and DeFi through their sandbox systems.” The report covers new regulatory frameworks, government-led initiatives, enterprise-driven markets, and emerging markets to watch.