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INSTITUTIONAL INVESTORS GO FULL ON GRANDMA MODE: Abandoning Cash, Embracing Crypto in Mass Exodus From Traditional Assets

A  illustration depicting a grandma-like figure holding hands with Bitcoin blocks while wearing a suit and tie, surrounded by cryptocurrency charts and financial documents in disarray; her house is made entirely out of blockchain elements.

Looks like grandma’s finally figured out how to use her Bitcoin wallet…and so have most institutions.

Source: cointelegraph

Growing confidence in Bitcoin and the broader cryptocurrency market has led most institutional investors to plan increased long-term allocations in crypto. In its annual Future Finance survey, Swiss crypto bank Sygnum found a higher appetite for crypto assets among institutional investors. The survey report, released on Nov. 14 and shared with Cointelegraph, highlighted shifting interests and positive market sentiment toward cryptocurrencies. Martin Burgherr, Sygnum Bank’s chief clients officer, said more […]

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