More than eight out of ten (84 per cent) professional investors believe digital assets will become mainstream, with just 3 per cent saying this will not happen and 13 per cent claiming it is too early to say. This is according to new research from London-based digital assets hedge fund Nickel Digital Asset Management (Nickel).
More than eight out of ten (84 per cent) professional investors believe digital assets will become mainstream, with just 3 per cent saying this will not happen and 13 per cent claiming it is too early to say. This is according to new research from London-based digital assets hedge fund Nickel Digital Asset Management (Nickel).
The survey of 200 institutional investors and wealth managers from across seven countries who collectively manage around USD329 billion in assets, reveals 81 per cent believe that digital assets – in particular DeFi protocols – are emerging as an important disruptive technology for traditional finance. Some 56 per cent strongly agree with this view.
When asked for their main overarching view on blockchain and digital asset technology, 41 per cent of professional investors said it is scalable and, on the way, to achieving mainstream adoption, while 21 per cent said it bears strong transformative potential for the global economy.
By contrast just 30 per cent believe digital assets will remain a niche technology although there is a compelling business case for it and only 9 per cent believe there is little practical value in the sector and the technology will ‘die out’.
In terms of the role professional investors expect digital assets to play in the future, the main one is diversification of investment portfolios – the view of 53 per cent of those surveyed. This is followed by 51per cent who said tokenization of traditional assets, 49 per cent who cited access to DeFi platforms, and 38per cent who highlighted its ability to provide a new value transfer mechanism.
