The Milk Road Show

Coinbase’s Head of Strategy Explains Why Institutional Investors Are Going All-In on Crypto

Mar 20, 2025
John D'Agostino, Head of Strategy at Coinbase, shares insights into a recent Coinbase survey revealing institutional investors' bullish attitude towards cryptocurrency. He discusses how these investors are planning to boost their allocations despite retail market nervousness. D'Agostino highlights a significant shift in strategy, with firms diversifying beyond Bitcoin and Ethereum and emphasizing the role of stablecoins. The conversation touches on the anticipated impacts of regulatory clarity and technological advancements in fostering confidence among institutional investors.
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INSIGHT

Institutional Crypto Bullishness

  • Institutional investors are increasingly bullish on crypto, with 86% expecting to increase allocations in 2025.
  • 59% plan to allocate over 5% of their assets under management to crypto, a significant threshold.
INSIGHT

Institutional Investment Focus

  • Institutional investors focus on market infrastructure and regulatory clarity, not short-term price volatility.
  • Their investment decisions are based on long-term perspectives and alpha-generating potential.
ANECDOTE

Shift in Regulatory Sentiment

  • John D'Agostino highlights the shift in regulatory sentiment, from uncertainty to increased clarity, particularly in the US.
  • Previously, "regulatory uncertainty" often masked institutional skepticism towards regulators' attitudes.
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