Sygnum, a digital asset bank, released its inaugural institutional crypto market report last week. According to the survey results, 87% of respondents invested in “blockchain protocol tokens, such as Bitcoin, Ethereum, and Solana (Layer 1 protocols).” Additionally, 57% of respondents plan to increase their allocation of crypto assets in the future.
Regarding the reasons for investing in cryptocurrencies, the report noted that 66% of respondents stated it was to “capture exposure to the broader trend of cryptocurrencies,” while 46% mentioned portfolio diversification as their investment motivation.
Moreover, 37% of investors “consider cryptocurrencies to be a better investment than traditional assets, highlighting their appeal as a hedge in traditional markets.”
This report involved Sygnum's survey of over 150 institutional investors with an average of more than 10 years of investment experience in early Q4. The participants included Sygnum's institutional client base and equity investors, banks, hedge funds, multi-family and single-family offices, foundations, and asset management companies.