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Rising Institutional Investment is Fueling a Crypto Custody Boom
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Now that Federal Reserve Chair Jerome Powell has ruled out a China-style blanket crypto ban, the floodgates appear to be opening to serious institutional capital.
Of course, this trend has been evident for a while. Indeed, a recent study by Fidelity Digital Assets found that 70% of institutional investors anticipate purchasing or otherwise investing in crypto-assets in the near future, with over 50% saying they had already done so. When the final figures are calculated, 2021 will likely see between $30-40 billion of venture capital investment in the digital asset space – a significant increase on
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