Institutional Investors Increasingly Interested in Digital Assets

A new survey of institutional investors and wealth managers from France, Germany, the United Arab Emirates, the United Kingdom and the United States of America has revealed that that 82% of those with exposure to digital assets (including cryptocurrencies) plan to increase this exposure by 2023, with 40% planning to dramatically increase their exposure. 7% plan on reducing their exposure, and 1% plan on selling of their entire digital asset holdings. The main reasoning for the expected increased interest in digital assets is due to the long-term capital growth prospects of digital assets as well as investors and wealth managers becoming increasingly comfortable with (and confident in) them.