Crypto-assets: a new investment opportunity? A bibliometric study
Aurélie Sannajust · Venture Capital · 2025
This paper provides a bibliometric analysis of crypto-assets, examining their investment potential, regulatory challenges, and financial market impact. By analyzing 373 academic papers between 2016 and 2024, it identifies key research trends and categorizes them into four clusters: Technology and Blockchain Infrastructure, Financial Markets and economic impact, Regulation and Legal environment, and Portfolio Management and Investment. Findings show a significant rise in academic interest, especially after 2018, with increasing research on financial and regulatory aspects beyond initial technological discussions. The study emphasizes the multifaceted nature of crypto-assets, from technological foundations to their role in investment diversification and financial stability. However, they remain volatile and subject to regulatory uncertainty. The study provides insights for policymakers, investors, and regulators, stressing the need for clearer regulations, stronger security frameworks, and sustainable market integration.