Institutional Investors Overwhelmingly Betting on Crypto Takeover This Decade: New Survey

Institutional Investors Overwhelmingly Betting on Crypto Takeover This Decade: New Survey

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A new survey by crypto exchange Bitstamp shows that institutional investors have an overwhelming belief in the potential of crypto as a new asset class.

The survey involved 5,502 institutional investment decision-makers and 23,113 retail investors from 23 countries across Africa, Asia-Pacific, Europe, Latin America, the Middle East and North America.

The result, which was published in the first Bitstamp Crypto Pulse report, shows that 80% of institutions believe that digital assets will overtake traditional investment vehicles within a decade. An overwhelming majority of institutional respondents, or 88%, also think that crypto will have mainstream adoption within the same period.

“The Bitstamp Crypto Pulse report uncovers why retail and institutional market participants are investing, what is holding them back, how they are working together, and ultimately, what is the global level of trust in crypto.”

Of the retail investors, 67% believe that crypto is a trustworthy investment. Seventy-one percent of investment professionals and 65% of retail consumer investors also claim that they trust crypto as an asset class.

“We found that there is an overwhelming belief in crypto’s potential, with the majority of the respondents believing that crypto will overtake traditional investments within a decade.

The sentiment among respondents ranged from crypto and its underlying blockchain technology being able to deliver an alternative digital-first payments network in emerging economies, to a belief that crypto could provide a viable alternative to fiat money in certain developed markets.”

The survey also shows a strong level of trust in other forms of digital assets such as stablecoins, central bank digital currencies (CBDCs) and non-fungible tokens (NFTs).

“This goes to show that the extent of use cases for crypto is immense.”

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Featured Image: Shutterstock/Digital Store/Nikelser Kate

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