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Home»Crypto News Flash»Business»Study: UK Institutional Investors Set to Sharply Increase Crypto Holdings

Study: UK Institutional Investors Set to Sharply Increase Crypto Holdings

Business June 22, 2022
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Professional investors in the UK are expected to launch more crypto/digital investment funds as regulation of the industry improves, according to a new study by Digital Asset Management (Nickel).

Nickel commissioned research from UK-based professional investors who collectively manage around $71.73 billion in assets, with 93% expecting the amount of funds available to increase over the next three years, and nearly a quarter (23%) A substantial increase.

Nickel’s research found that UK investors strongly support digital assets – all investors questioned believe they will become mainstream, while 93% of investors believe that digital assets – especially DeFi protocols – are becoming the backbone of traditional finance Important disruptive technology.

When asked about their main overall views on blockchain and digital asset technology, 63% of professional investors said it is scalable and is achieving mainstream adoption, while 17% said it has a significant impact on the global economy Has strong transformative potential.

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