According to the survey conducted by Coalition, a financial industry analytics firm, half of the participants said that they already own digital assets.
Reuters reported on Tuesday that a survey on behalf of Fidelity digital assets showed that seven out of ten institutional investors intend to purchase or invest in digital assets in the future.
Meanwhile, more than half of respondents polled by financial industry analytics company Coalition Greenwich between December 2020 and April 2021 said that they had already made digital asset investments. Greenwich Coalition surveyed 1,100 institutional investors worldwide.
Of those who want to invest in the future, almost 90 percent anticipated digital asset exposure in five years from their businesses or customers’ portfolios. Exposure may be via inventory in cryptocurrency companies, investment products containing crypto exposure, or direct crypto investment itself.
Volatility was identified as the main barrier to investment in crypto, with worries about market manipulation and the absence of basic principles to define the values of crypto as problems. The results are consistent with the previous polls showing that institutional investors intend to expand their crypto exposure in the years to come.