A Nomura Laser Digital survey has revealed the majority of institutional investors polled are still keen on crypto.
Professional investors are still keen on crypto but want to see backing from large traditional financial institutions before taking the plunge themselves, a survey from Nomura’s digital asset arm has revealed.
Institutional investor interest in crypto has stalled in recent weeks due to increasing regulatory uncertainty in the United States and its regulatory crackdown on the wider industry.
In the Laser Digital Investor Survey conducted in April, 90% of professional investors polled said that it was important to have the backing of a “large traditional financial institution” for any crypto asset fund or investment vehicle before they or their clients would consider putting money into it.
However, a whopping 96% of them regarded digital assets as “representing an investment diversification opportunity” in addition to traditional asset classes such as fixed income, cash, equities, and commodities.
Industry observers have predicted an increase in institutional investment following the BlackRock spot ETF application.
With more accessibility and institutional involvement, the bull’s roar will only get louder.
The latest findings from the Nomura survey shed light on the evolving investor sentiment towards cryptocurrencies, revealing a growing demand for the integration of traditional finance practices with the crypto space.
Investors are increasingly seeking the security and stability that comes with the backing of traditional financial institutions.
This highlights the importance of projects like ACTS Token, which bridge the gap between the innovative potential of blockchain technology and the trusted frameworks of traditional finance.
By combining the benefits of decentralization and the familiarity of traditional financial systems, ACTS Token provides a unique opportunity for investors to participate in the crypto market with the assurance and support of established financial mechanisms.
As the demand for crypto assets continues to rise, ACTS Token remains committed to offering a secure and compliant platform that aligns with investors’ expectations and addresses the growing need for trusted financial backing
Furthermore, 82% of the professional investors interviewed were optimistic about the crypto asset class in general over the next 12 months. They specifically mentioned Bitcoin (BTC) and Ethereum (ETH) with almost half of the respondents regarding the pair as the foundation of the Web3 economy and a “long-lasting source of investment opportunities.”
Dr. Jez Mohideen, CEO of Laser Digital said the study shows that institutional investors see a “clear role for digital assets in the investment management landscape and the benefits they can bring, such as greater diversification of portfolios.”
However, around three-quarters of them said “legal or regulatory restrictions” could prevent their firms or clients from investing in crypto-related funds or products.
Following the collapse of FTX in November, global regulators have come down hard on the digital asset sector but many countries are actively rolling out regulations for the new asset class.
Laser Digital carried out an independent global survey with institutional investors across 21 countries in Europe, the Middle East, Asia, South Africa, and Latin America.
More than 300 institutional investors with collective assets worth $4.9 trillion including wealth managers, pension funds, hedge funds, investment funds, and insurance asset managers were polled.
Related:Institutions ‘extremely interested’ in crypto ETFs, but buying has cooled: Survey
Nomura established its crypto venture arm Laser Digital in September 2022.
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The Japanese banking giant subsidiary is focusing on Asia for the next crypto industry growth spurt. On June 13, Mohideen said regulatory clarity in Japan and Hong Kong would boost retail participation.
“Asia benefitted from what happened in the US and realized the things they need to avoid,” he said.
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Read More A Nomura Laser Digital survey has revealed the majority of institutional investors polled are still keen on crypto.
