Laxman Pai, Opalesque Asia: Interest in digital assets is strong and continues to grow despite the bear market - almost half (48%) of asset managers and hedge funds actively have digital assets under management, according to a survey.
The Amberdata research finds that interest from U.S. and European institutional players in digital assets continues to grow despite advancing regulatory scrutiny and market uncertainty.
25% of firms have a specific digital assets strategy, and an additional 13% plan to launch one within the next two years, the new research report, Digital Assets: Managers Fuel Data Infrastructure Needs, in partnership with Coalition Greenwich, said.
44% expect that DA will be a growing business line over the next three to five years, it said.
Overall, the research shows asset managers and hedge funds are optimistic about the growth opportunity of the digital asset class as well as the commercial opportunity to manage more diverse portfolios and build new investment products.
Study participants expect digital AUM to increase over the next five years, with more than four in ten projecting growth of more than 10%. The report also discusses the specific digital assets, protocols, and strategies that institutional managers will be most focused on over the next few years.
In addition, study participants cite access to crypto market data, on-chain data, as well as portfolio management and risk analytics as priorities for the next 6-12 months with ...................... To view our full article Click here
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