Survey: 87% of Interviewed Institutions Invest in Blockchain Protocol Tokens
Sygnum,Types of virtual currency a digital asset bank, released its inaugural institutional crypto market report last week. According to the survey results, 87% of respondents invested in “blockchain protocol tokens, such as Bitcoin, Ethereum, and Solana (Layer 1 protocols).” Additionally, 57% of respondents plan to increase their allocation of crypto assets in the future.
Regarding the reasons for forextrustindex in cryptocurrencies, the report noted that 66% of respondents stated it was to “capture exposure to the broader trend of cryptocurrencies,” while 46% mentioned portfolio diversification as their investment motivation.
Moreover, 37% of investors “consider cryptocurrencies to be a better investment than traditional assets, highlighting their appeal as a hedge in traditional markets.”
This report involved Sygnum's survey of over 150 institutional investors with an average of more than 10 years of investment experience in early Q4. The participants included Sygnum's institutional client base and equity investors, banks, hedge funds, multi-family and single-family offices, foundations, and asset management companies.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Related Recommendations
- Kraken introduces local currency funding in Argentina (ARS) and Mexico (MXN)
- WikiEXPO Global Expert Interview: Simone Martin—— Exploring Financial Regulation Change
- MacBook Users with Intel Chips Urged to Update for Enhanced Security
- This Week's Noteworthy Events(Nov 1, 2024–Nov 10, 2024)
- Dogecoin Price at Make
- Russia to Lift Bitcoin Mining Ban on November 1
- This Week's Noteworthy Events(Nov 18, 2024–Nov 24, 2024)
- Analyzing the Data: Current State of the GameFi Sector