HomeÚltimas NoticiasNoticias De bitcoin1 in 4 investment firms assign senior execs to digital assets: Report

1 in 4 investment firms assign senior execs to digital assets: Report


Based on the findings of a market intelligence firm, an increasing number of investment firms in the United States, United Kingdom, and Europe are appointing senior executives to lead digital asset investment strategies.

According to a recent Amberdata report titled ‘Digital Assets: Managers’ Data Infrastructure Fuel,’ 24% of asset management firms have adopted a digital assets strategy, with an extra 13% planning to do so in the next two years.

“These roles are being staffed up, with almost a quarter of firms with a senior role dedicated to digital assets, reflecting seriousness about implementation as well as senior management buy-in.”

Organizations with a senior role dedicated to dedicated asset strategy implementation. Source: Amberdata

The report surveyed 60 investment professionals across the United States, United Kingdom and Europe. The interviewees included asset managers, hedge funds and other investors. 

Approximately half (48%) of the study participants include digital assets in their firm’s portfolio. Amberdata also forecasts that in the coming two years, an increasing number of asset managers will continue to emphasize digital asset trading and investment strategies.

Related: This DeFi platform unlocks automated asset management for retail investors

Despite ongoing regulatory pressure in the U.S. crypto industry from the United States Securities and Exchange Commission (SEC) and Commodities Futures Trading Commission (CFTC), Amberdata predicts a potential positive outcome in the next few years:

“The good news is that the tide may be turning. In the next five years, the SEC and the CFTC are expected to be providing the most positive opportunities for investors in our study,” the report noted.

Additionally, it highlighted that Ripple’s recent partial legal victory against the SEC may attract more asset management firms to adopt a digital asset strategy.

In recent news, European digital asset manager CoinShares reported total revenue of 20.3 million pounds ($25.9 million) in the second quarter of 2023, a 33% increase compared wit the prior year’s quarter.

Magazine: Recursive inscriptions: Bitcoin ‘supercomputer’ and BTC DeFi coming soon


Reciba noticias de Vimilin desde Google news


Please enter your comment!
Please enter your name here


BTC price shows ‘textbook’ Wyckoff moves as Bitcoin bulls defend $25K

Bitcoin (BTC) consolidated higher on Sept. 15 as analysis described recent BTC price behavior as “textbook.”Collect this article as an NFT to preserve this moment...

Magic Eden integrates Solana’s compressed NFTs into marketplace

Nonfungible token (NFT) marketplace Magic Eden has announced that it will support Solana’s compressed NFTs (cNFTs) to provide a cost-efficient and scalable alternative to owning...

House Democrats back Biden candidacy as calls for president to drop out intensify on the left

FIRST ON FOX: House Democrats appear to be behind another Biden-Harris ticket, even as President Biden is being discouraged against running by some on the...

3 Standout Stocks to Buy as Worse-Than-Expected CPI Numbers Revive Inflation Fears

The August CPI report showed headline annual inflation rising 3.7% compared to the 3.2% reading seen in July and a 3.0% increase in June. As inflation...

Más popular