Professional Investors Still Have an Appetite for Digital Assets: Survey

A survey by Nomura’s digital asset subsidiary shows that investors overwhelmingly say digital assets represent an important diversification opportunity.

AccessTimeIconJun 16, 2023 at 10:10 a.m. UTC

Professional investor interest in crypto hasn't been deterred by the bear market in cryptocurrencies and an uncertain regulatory environment, a survey by Laser Digital, Nomura’s digital assets subsidiary, shows.

As many as 96% of the surveyed investors working for pension funds, wealth managers, family offices, hedge funds and investment funds see digital assets as representing an investment diversification opportunity alongside traditional asset classes such as fixed income, cash, equities and commodities, the survey found. They said they were prepared to stash as much as 5% of their investments in digital assets.

  • How Decentralized Threads Build Web3
    How Decentralized Threads Build Web3
  • Opening the World of Transactions
    Opening the World of Transactions
  • Diving Into DeFi to Navigate the New Wave of Finance
    Diving Into DeFi to Navigate the New Wave of Finance
  • Adding Value to Real World Documents with Authentication
    Adding Value to Real World Documents with Authentication
  • Professional investors collectively manage $4.95 trillion in assets. Laser Digital polled 303 of them for the survey. Participants were interviewed online during April, and came from most major financial markets across the world.

    “Our comprehensive study reveals that the majority of institutional investors surveyed saw a clear role for digital assets in the investment management landscape, and the benefits they can bring, such as greater diversification of portfolios,” CEO Jez Mohideen said in a release.

    Some 82% of the investors had a positive outlook on bitcoin and ether, and 88% said they or their clients were considering investing in digital assets. This enthusiasm for digital assets, however, doesn’t mean they are doubling down on memecoins such as PEPE or DOGE, rather they prefer regulated products as such as exchange-traded funds (ETFs), the survey found.

    Around 90% of those surveyed said that it is important to have the backing of a large traditional financial institution for any digital asset fund or investment vehicle before they or their clients would consider putting money into it – a potentially bullish sign for bitcoin ETF proposals such as BlackRock’s.

    Edited by Sheldon Reback.


    Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

    CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.