According to consultancy firm Cambridge associates, crypto represents a sound investment for institutional investors as reported by Bloomberg on Feb 18.
Cambridge associates, an institution based in Boston specializes in pension and endowment consultancy reportedly works with institutions that collectively advise over $300 Billion, with $30 million under management. Cambridge associates researchers wrote on a research note that was published today that;
“Despite the challenges, we believe that it is worthwhile for investors to begin exploring this area today with an eye toward the long term. Though these investments entail a high degree of risk, some may very well upend the digital world.’’
While assessing the crypto market slump, all through the winter that was 2018, the analysts argued that the crypto investment landscape as whole robustly demonstrated “an industry that was developing and not faltering”
The research note went on to advise prospective investors to do their due diligence and thoroughly educate themselves on the space as well as exploring various diverse investment routes. These routes can be direct spot market trading on crypto exchanges as well as working with illiquid venture capital funds.
A recent report showed that digital asset management fund Grayscale investments has been receiving a rising inflow of revenue from institutional investors. Ex Goldman Sachs partner Mike Novogratz insinuated that that trend was likely to continue after he recently forecasted that the industry as a whole was likely to go through a structural shift from what he called a “people’s revolution” to an “institutional led-one”
This definitely supports the idea of a big future for the crypto space, one that involves big institutional investors as the infrastructure around the space continues to grow.
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