Traders, investors ‘increasingly keen to capitalise’ on digital assets boom

But before its potential can be truly realised, there needs to be a stronger regulatory environment

19% of institutional investors believe that digital assets will be regularly traded and invested in by 2021, according to research by the Global Blockchain Business Council.

71 institutional investors from around the world were interviewed by PollRight during December and January. A further 28% believe the aforementioned break through will happen in four or five years’ time, and 21% anticipate it happening between six and ten years’ time.

The growing digital asset sector could also be a major boost for the ICO market, where 16% of institutional investors expect to take it more seriously and start investing in it within the next three years. A further one in four are keen to start doing this in four or five years’ time. Only 23% envisage a scenario where institutional investors will never invest in ICOs.

Sandra Ro, CEO of the GBBC, says: “It is generally expected that by 2027, 10% of the world’s GDP will consist of crypto or digital assets. This will represent trillions of dollars in assets, and traders and investors are increasingly keen to capitalise on this.”

“However, before its potential can be truly realised, there needs to be a stronger regulatory environment, which governments and regulators seem committed to deliver.”

Disclaimer: The views and opinions expressed by the author should not be considered as financial advice. We do not give advice on financial products.

telegram

Previous Article

ConsenSys announces sponsorship of EthCC 2019

Next Article

Financial sector blockchain revenues set to hit $462bn by 2030

Read More Related articles

Latest Guides

Find in-depth articles, guides and videos designed to give you a better understanding of Bitcoin, DeFi, trading, security and much more.

Get started