Summary
- "83% of institutions reported plans to expand their virtual asset allocation this year."
- "A significant number of respondents revealed plans to allocate more than 5% of their portfolios to virtual assets."
- "They reported evaluating virtual assets as the best opportunity to generate risk-adjusted returns."
According to a survey report jointly released by global virtual asset (cryptocurrency) exchange Coinbase and EY-Parthenon, the strategic consulting division of international consulting firm E&Y, 83% of institutions responded that they plan to expand their virtual asset allocation this year.
According to cryptocurrency specialist media Cointelegraph on the 18th (local time), a significant number of respondents said they plan to allocate more than 5% of their portfolios to virtual assets.
They evaluated virtual assets as the most attractive opportunity to generate risk-adjusted returns over the next 3 years. This survey report was conducted with more than 350 institutional investors.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
