A new survey has found 80 per cent of institutional investors think crypto will overtake traditional investment platforms
Bitstamp is a major crypto trading platform, who recently announced the results of their survey.
It found 70 per cent of respondents believe crypto is a trustworthy investment, with 68 per cent recommending it as part of long-term investment strategies.
It’s the first-ever ‘Crypto Pulse Survey’ for the company, where the vast majority of respondents say crypto will become mainstream in the next decade.
A range of big investors have openly said they are looking at putting their money into cryptocurrency.
Kevin O’Leary from Shark Tank says trillions of dollars will soon move into crypto from institutional investors.
However, the sector has been hit hard over recent months with no signs of change in the near future.
But Louis Mosmann from Platypus says global institutions continue to invest in the space, with a major U.S. player jumping into NFT’s.
“Just this week, Goldman Sachs said they were exploring the tokenisation of real assets. They’re looking a how NFTs, in the context of financial instruments, can be used within the business,” he says.
The Bitstamp survey involved 28,000 people from 23 countries.