Increasing pressure on the crypto industry has recently caused investors to move away from both exchanges and crypto.
However, this pressure did not affect professional investors.
As reported by Coindesk, a survey by Laser Digital, Nomura's digital asset arm, found that professional institutional investors' interest in cryptocurrencies is unaffected by factors such as a bear market, increased regulatory pressure or an uncertain regulatory environment.
Investors such as pension funds, wealth managers, family offices, hedge funds and mutual funds participated in the survey.
96% of investors said they see cryptocurrencies as an investment diversification opportunity alongside traditional asset classes such as fixed income, cash, stocks and commodities.
82% of the investors surveyed stated that they think positively about Bitcoin and Ethereum, while 88% stated that they or their customers are considering investing in stronger cryptos such as BTC and ETH.
Jez Mohideen, CEO of Laser Digital, said in a statement:
“Our extensive research reveals that the majority of institutional investors surveyed see that digital assets play a clear role among investments and that digital assets can bring benefits such as greater diversification to their portfolios.”
*Not investment advice.
