A survey by Sygnum reveals that institutional investors are growing more confident in digital assets, with 57% planning to increase their cryptocurrency investments despite ongoing market volatility. The survey polled over 400 investment professionals across 27 countries and found that 63% of respondents have a high risk tolerance. Single token investments are the preferred strategy at 44%, followed by actively managed exposure at 40%. The primary motivations for investing in crypto are exposure to the digital asset megatrend (62%), portfolio diversification (52%), and macro hedging (45%). The approval of Bitcoin and Ethereum spot ETFs has boosted market confidence, with 71% of respondents expressing increased trust in the industry. Sygnum Bank achieved profitability in the first half of 2024 and amassed $4.5 billion in client assets. Layer-1 protocols dominate investor interest at 76%, followed by Web3 infrastructure at 55%. Interest in DeFi has declined to 33% due to security concerns. The primary barriers to institutional adoption are asset volatility and security and custody concerns.



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