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72% of institutional investors are confident in the crypto currency, writes Forbes



The study was conducted by the consulting company Greenwich Associates. It is called the "Institutionalization of the Crypto-currency", and the paper talks about how institutional investors are gradually turning to the digital currency industry, Forbes writes.

It turned out that 72% of institutional investors believe that the crypto currency will be delayed for a long time . The survey was attended by 12 top managers of financial institutions operating in Asia, North America and Europe.

38% of the surveyed executives believe that the impetus for the development of the crypto-currency industry will be the regulatory framework that will appear in many countries in the coming years.

"In their opinion, the Crypto-currencies will not disappear anywhere, but will become the norm, having become widespread," the vice-president of Greenwich Associates Richard Johnhson said.

Many agree with the forecasts of Forbes

This view is consistent with the latest predictions of the future behavior of cryptology.

So, Coinbase CEO Brian Armstrong (Brian Armstrong) is sure:

"The process of adoption of digital assets will grow in the next 5 years, and the number of users can reach 1 billion people . "

Despite the fact that the first half of 2018 was not the most joyful for owners of crypto currency, it is premature to talk about the collapse of the entire industry. Analysts are sure that the growth of the market will be provided by institutional investors, on which high expectations are placed.

According to Morgan Stanley, hedge funds in 2017 invested about $ 2 billion in the crypto currency. And this year a number of companies began to create opportunities for the work of large players on cryptornics.

The largest crypto-exchange Coinbase announced that it now provides institutional investors with the ability to place digital assets on its new Coinbase Custody platform.

Now players will have the opportunity to keep their own crypto assets in Coinbase Custody, a service that supports:

Representatives of crypto platform promise to add even more crypto currency, and also by the end of this year to open their service for the Asian market.

Former Automation Engineer and SpaceX Engineers, founder of high-frequency trading company Greenlight Trading Joshua Greenwald (Joshua Greenwald) announced the launch of the digital currency exchange, reports LeapRate .

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