Majority of Institutions Ready to Invest, Survey Finds
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Recent insights from a survey conducted by Nomura Holdings and Laser Digital Holdings shed light on the evolving attitudes of Japanese institutional investors towards cryptocurrency. The survey, which included responses from 547 investment managers across various sectors such as family offices and public interest corporations, suggested a big embrace of cryptocurrency from these respective fields. YES to Crypto A striking 54% of these investors expressed intentions to venture into the cryptocurrency market within the next three years, highlighting a shift towards diversifying investment portfolios with digital assets. The findings suggest a significant inclination towards using cryptocurrencies as speculative instruments and as substantial components of diverse investment strategies. While only 16% of the respondents view digital currencies as potential substitutes for traditional base currencies, 62% see them as high-return investment opportunities. This perspective underscores a strategic approach to leveraging the unique attributes of digital assets, including their low correlation with other asset classes and potential as a hedge against inflation. According to Coinpost, Nomura Securities’ latest survey shows that 54% of institutional investors in Japan plan to invest in cryptocurrencies in the next three years. The main motivation is to diversify investments and fight inflation. If the cryptocurrency ETF is lifted in… — Wu Blockchain (@WuBlockchain) June 25, 2024 According to the survey, most investors planning to add digital currencies to their portfolios intend to allocate between 2% and 5% of their assets under management. These investments are considered with a minimum horizon of one year, indicating a cautious yet optimistic approach to this emerging asset class. Besides direct investments, there is a notable interest in crypto-related activities such as staking, mining, and lending, which over half of the investors are exploring. However, the crypto journey is not without challenges; key barriers include the lack of established fundamental analysis methods, high…
Filed under: News - @ June 26, 2024 11:26 am