Increasing Investment in Digital Assets
A market intelligence firm has found that more investment firms in the US, UK, and Europe are appointing senior executives to lead digital asset investment strategies.
According to the ‘Digital Assets: Managers’ Data Infrastructure Fuel’ report from Amberdata, 24% of asset management firms have adopted a digital assets strategy, with an extra 13% planning to do so in the next two years.
The report was based on interviews with 60 investment professionals in the US, UK, and Europe, including asset managers, hedge funds, and other investors. Around half (48%) of the participants are already investing in digital assets.
Amberdata forecasts that in the coming two years, more asset managers will continue to emphasize digital asset trading and investment strategies, such as crypto web 3.0, top web 3.0 crypto projects, top crypto web 3.0, new web 3.0 crypto projects, top web 3.0 crypto coins, how do you invest in web 3.0, top web 3.0 crypto, the best web 3.0 crypto, how do i invest in web 3.0, and describe web 3.0 and the next generation of online business.
Investing in Web 3.0 Crypto
Despite ongoing regulatory pressure from the United States Securities and Exchange Commission (SEC) and Commodities Futures Trading Commission (CFTC) in the U.S. crypto industry, Amberdata predicts a potential positive outcome in the next few years. The report stated, “The good news is that the tide may be turning. In the next five years, the SEC and the CFTC are expected to be providing the most positive opportunities for investors in our study.”
Moreover, Ripple’s recent partial legal victory against the SEC could attract more asset management firms to adopt a digital asset strategy. Additionally, European digital asset manager CoinShares reported total revenue of 20.3 million pounds ($25.9 million) in the second quarter of 2023, a 33% increase compared with the prior year’s quarter.
For those interested in investing in web 3.0 crypto, there are several options, including top web 3.0 crypto projects, coins, and strategies. It is important to understand how to invest in web 3.0, as well as the benefits and risks associated with such investments. By researching the best web 3.0 crypto and exploring the newest web 3.0 crypto projects, investors can make informed decisions about their digital asset strategies.
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