SINGAPORE, December 14, 2023 /PRNewswire/ -- Sygnum launches today its Inaugural Crypto Survey Report for Institutional Investors, Future finances 23. The purpose of the research is to accurately measure institutional adoption of cryptocurrencies, track trends over time, and profile the needs and challenges of future institutional participants in the cryptocurrency market. Key topics include:
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40% of institutional investors* who planned to wait until the first half of 2024 to invest may be among the activated group that fueled the crypto market rally in the fourth quarter of 2023 ahead of the expected Blackrock ETF.
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Most institutional investors view cryptocurrencies as an opportunity to participate in expected market gains, as well as a "safe haven" strategy to protect against traditional markets.
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Exposure to a single token is the preferred cryptocurrency investment strategy as it recognizes the ability of established blue-chip assets like Bitcoin and Ethereum to generate alpha.
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A new trend shows that the demand for tokenized real estate is greater than that of venture capital, art and collectibles.
Lucas SchweigerDigital Asset Research Manager at Sygnum and author of the report, says "As the cryptocurrency industry has evolved, many institutional investors have also moved from skeptics to evangelists, with more than 80% now agreeing that cryptocurrencies have an important role to play in the global financial industry. Now "It is really becoming a reliable gateway that is rapidly transforming the economic landscape."
Fabian DoriDirector of Asset Management and Deputy CEO of Sygnum Group, add "Over 85% of institutional crypto investors in our study believe that being regulated is essential to building trust. This is further confirmation that Sygnum's founding strategy of being fully regulated from day one in all our regions was the right one" .
About this research
The survey was conducted shortly before the sharp drop in the cryptocurrency market. November 2023 the demonstration began. Conducted a deep dive with traditional investors, who average more than 10 years of institutional investment experience, on a wide range of topics. These range from their investment strategies and crypto asset allocation to perceived barriers to cryptocurrency investment and important future market prospects.
The more than 150 respondents included Sygnum's institutional client base and equity investors, as well as a diverse set of investment professionals from banks, hedge funds, multifamily and single-family offices, DLT foundations, funds and asset managers. This survey was anonymous, invitation-only, and not open to retail investors.
*All data, statistics, trends, sentiments and statements in this document and in the Sygnum research report are derived from Sygnum's primary market research. Institutional investors refer to investment professionals from banks, hedge funds, single and multi-family offices, DLT foundations, and fund and asset managers.
About us
Sygnum is a global digital asset banking group, founded in Switzerland and Singapore inheritance. We train professional and institutional investors, banks, companies and DLT foundations to invest in digital assets with complete trust. Our team enables this through our institutional-grade security, expert personal service, and portfolio of regulated digital asset banking, asset management, tokenization, and B2B services.
In SwissSygnum holds a banking license and has CMS and major payment institution licenses in Singapore. The group is also regulated in the established global financial centers of Abu Dhabi and Luxembourg.
We believe that the future has heritage. Our crypto-native team of banking, investment and digital asset technology professionals is building a trusted gateway between the traditional and digital asset economies we call Future finances. To learn more about how Sygnum's mission and values โโare shaping this digital asset ecosystem, visit www.sygnum.com
Disclaimer: This document was prepared by Sygnum Bank AG. This document may contain forward-looking statements and may be subject to change. The opinions expressed herein are those of Sygnum Bank AG, its affiliates and partners at the time of writing. The document is for informational purposes only and contains general material. It is for the exclusive use of the recipient. It does not constitute any advice or recommendation, an offer or invitation by or on behalf of Sygnum Bank AG to buy or sell assets or securities. It is not intended to be used as a general guide to investing and should be used for informational purposes only. When making an investment decision, you should conduct your own research and analysis or seek expert advice to make a calculated decision. The information and analyzes contained in this document have been compiled from sources believed to be reliable. However, Sygnum Bank AG does not guarantee its reliability or completeness and disclaims all liability for losses arising from the use of this information.
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