As the cryptocurrency space matures, institutional interest is growing. Nickel Digital Asset Management released a survey on December 8 that found that 85 percent of institutional investors, wealth managers and wealth managers had dedicated teams. RevisionDigital assets and cryptocurrencies. It was found that around $108.4 Billion in assets is managed by the investors. In September, the London-based company released another report showing that 62% global institutional investors have zero exposure to cryptocurrency. Your first investment in cryptoWithin the next one year.

It’s also notable that Wall Street veterans are beginning to enter the crypto industry. Matt Zhang, an ex-trading executive from Citibank, recently launched a venture fund that is exclusively dedicated to blockchain and cryptocurrency startups. Known as “Hivemind Capital Partners,” Zhang previously noted in a Cointelegraph article that the Multi-Strategy Fund – $1.5 Billion will help “institutionalize crypto investing.”