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U.S., U.K., and European Investment Firms Prioritize Digital Asset Strategies

Recent data indicates top investment companies are increasingly adopting digital asset strategies amidst a favorable outlook.

Fri, 15 Sep 2023, 10:42 am UTC

Leading investment companies across the U.S., U.K., and Europe are steadily integrating digital asset strategies into their business models, reveals a recent analysis by market research company Amberdata.

The study, titled "Digital Assets Managers' Growth Pathways", indicates that nearly one in four of these firms have already developed a digital asset strategy. What's more, an additional 13% are on track to incorporate such strategies within the forthcoming two years.

Significantly, the increasing dedication to digital assets is not limited to mere adoption. Close to a quarter of these businesses have incorporated senior roles that solely focus on overseeing and advancing these digital asset agendas. This reflects both a genuine commitment to the digital domain and a strong endorsement from top-tier management.

To gain insights for this report, Amberdata connected with 60 investment specialists, spanning from asset managers to hedge funds, across the three regions. Notably, 48% of these professionals confirmed that digital assets have already found a place in their firm’s portfolio.

This shift towards digital asset management and trading strategies isn’t expected to slow down either. Despite facing headwinds from U.S. regulatory bodies such as the Securities and Exchange Commission and the Commodities Futures Trading Commission, Amberdata’s projections remain optimistic. Their research suggests that the upcoming five years could see these regulatory agencies offering the most favorable conditions yet for digital asset investors.

The report underscores Ripple's recent legal triumph against the SEC, suggesting that such victories could act as catalysts. Such developments could inspire even more investment firms to recognize the potential of digital asset strategies.

In related news, the European digital assets management firm CoinShares recently announced robust earnings. The firm clocked a revenue of 20.3 million pounds (equivalent to $25.9 million) for Q2 2023, marking a 33% surge in comparison to the same period in the previous year.

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TokenPost | [email protected]

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