The Slow Accumulation of Institutional Interest

Contrary to popular belief, institutional investors aren’t sprinting into the crypto realm like kids on a sugar rush. Instead, they’re tiptoeing in, gradually warming up to digital assets. According to a careful survey by Fidelity Investments, about 22% of institutional investors had dipped their toes into this risky water by 2019. The majority of these investments materialized in the last three years, demonstrating a growing but cautious interest in the crypto world.

Compliance Concerns: The Elephant in the Room

As Jonathan Levin from Chainalysis highlighted, the foundational aspect of institutional involvement revolves primarily around establishing necessary infrastructures, such as Fidelity Digital Assets and Bakkt. However, compliance issues still haunt the thought leaders of these institutions. It’s like having a fancy new car (the infrastructure) but being too nervous to take it out for a spin because you’ve misplaced your driver’s license.

Top Players Making Moves

Just who are the main actors making waves in the crypto pool? Here’s a spotlight on the