Originally published: International Investment, 21 July 2021
A new survey of institutional investors and wealth managers from the US, UK, France, Germany, and the UAE who collectively have $275bn in assets under management, has revealed that 76% describe the concerns about security of digital assets and custodial services as a ‘significant’ hurdle preventing many from investing in cryptoassets for the first time.
The same percentage said this about the size of the market and liquidity, followed by 71% who see the regulatory environment for the crypto market as a major issue.
The survey, conducted online in May and June 2021, was commissioned by Nickel Digital Asset Management, a London-based FCA authorised and regulated investment manager that offers a range of digital asset strategy solutions for institutional investors.
It commissioned the market research company Pureprofile to interview 50 wealth managers and 50 institutional investors across the US, UK, France, Germany, and the UAE.
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