Investors want crypto, but not without TradFi backing

According to a survey conducted by Nomura's digital asset division, professional investors in the crypto market still maintain interest but are hesitant to fully engage without the support of major traditional financial institutions. The survey revealed that 90% of the polled investors considered the backing of a "large traditional financial institution" as crucial before they or their clients would consider investing in crypto assets or funds.



The interest of institutional investors in the crypto space has experienced a slowdown recently, primarily due to growing regulatory uncertainty and increased regulatory scrutiny in the United States affecting the broader industry.



Related: What is Solana? Is it good investment in 2023?



Despite this cautious approach, an overwhelming 96% of the surveyed investors acknowledged digital


First found on: https://coinatory.com/2023/06/16/investors-want-crypto-with-tradfi-backing/?utm_source=BG&utm_medium=Blogger+Some+Crypto+Blog&utm_campaign=SNAP