Wealth managers and institutional investors are warming to digital assets, according to a study from Nickel Digital Asset Management.
Nickel commissioned market research company Pureprofile to interview 200 institutional investors and wealth managers across the globe.
A total of 98% believe digital asset investment opportunities over the next 12 months are “attractive”, while 32% rated them as “very attractive”.
Over a five time frame, 97% said investment opportunities in the sector are attractive, with 44% saying they are very attractive.
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Some 83% of those asked have been invested in the digital assets sector for two or more years, with 5% investing in the past year.
Nine out of 10 respondents had up to 3% of its assets invested in the sector, with 60% estimating that within three years they will have more than 3% of assets invested in the sector.
Meanwhile, 12% believe they will have 5% or more of assets invested in the sector.
Anatoly Crachilov, CEO and founding partner at Nickel Digital, said: “The increasing commitment from institutional investors and wealth managers reflects the growing confidence in this space.
“At Nickel Digital we are seeing these survey findings validated through a surge of demand for investment solutions aimed at traditional institutional investors and wealth managers.
“We are expecting Q4 to be one of the busiest yet since the launch of our business five years ago.”
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