[Crypto World] Institutional funds are pouring into the crypto space like crazy. The digital asset custody market is expected to balloon to $683.38 billion in 2024—a staggering figure.
What’s even more astonishing is that over half of the world’s hedge funds (55%) now hold digital assets. Why? Simply put, to diversify risk and make some extra returns.
Here’s the interesting part: Despite the SEC tightening regulations and the Fed adjusting liquidity—factors that should hurt risk assets—institutional entry isn’t slowing down, it’s actually speeding up.
What does this mean? Cryptocurrency is shifting from a fringe speculative asset to a mainstream macro asset. The rules of the game are being rewritten, and the level of players is rising.
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Institutions Are Buying Frenziedly: Digital Asset Custody Market to Reach $700 Billion This Year
[Crypto World] Institutional funds are pouring into the crypto space like crazy. The digital asset custody market is expected to balloon to $683.38 billion in 2024—a staggering figure.
What’s even more astonishing is that over half of the world’s hedge funds (55%) now hold digital assets. Why? Simply put, to diversify risk and make some extra returns.
Here’s the interesting part: Despite the SEC tightening regulations and the Fed adjusting liquidity—factors that should hurt risk assets—institutional entry isn’t slowing down, it’s actually speeding up.
What does this mean? Cryptocurrency is shifting from a fringe speculative asset to a mainstream macro asset. The rules of the game are being rewritten, and the level of players is rising.