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Financial institutions see crypto likely overtaking traditional investment vehicles in 10 years

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Around 80% of institutional investors believe that cryptocurrency investments are likely to overtake many traditional investment types and will see mainstream, even universal adoption, a major global survey has found.

The first Bitstamp Crypto Pulse survey — a new, comprehensive global survey analyzing trust and adoption in crypto around the world — has found 70% of institutions are very likely to recommend crypto as an asset class, while 71% of institutional respondents have “high trust” in crypto as an investment. 

The data comes from a survey of more than 28,615 respondents — including 5,502 senior institutional investment strategy decision makers and 23,113 retail investors — from 23 countries across North America, Latin America, Europe, Africa, The Middle East, and Asia-Pacific their relative infancy — with stablecoins, NFTs, and blockchain networks seeing their levels of trust go above 60%.

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