The Institutions Come Roaring Back to Crypto
The Breakdown
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The Rise of Cryptocurrency
Japanese investment bank Nomura released a survey which goes some way to explaining why major trad fi firms are still building out their crypto offerings. 96% of respondents see digital assets as representing a diversification opportunity alongside traditional asset classes. 90 percent of respondents said it was important to have the backing of a quote large traditional financial institution before they would invest their clients money into any crypto fonder investment vehicle.
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