Signs of momentum

This institutional sentiment mirrors many of the positive developments we’ve observed. Venture investment continues, alongside good development work, and increasing regulatory conversations. Institutions are more aware of these developments now than they were six or twelve months ago. The people we talk with are actively scanning and observing what’s going on, and considering how this technology would impact their business, and — ultimately — financial markets.

We also wanted to understand more about their concerns. What stage of their journey are different institutional segments in, and what might be helpful as they consider moving ahead. We all know institutional investors still put the work in and do the hard research, even if the market moves in another direction for a time. That work has continued and now we have evidence of it.

Even more compelling is how the range of intermediaries has evolved. We began fielding interest from crypto funds and other early movers. Over the past several months we’re seeing interest among family offices, endowments, pensions, and foundations.

Institutional engagement is here

Institutions are digging in and developing their own investment theses. More education is always welcomed now it seems, specifically by those who can describe digital assets and blockchain technology in terms that are familiar to these types of investors.

We expect more investors will acknowledge the impact this new set of assets will have as we continue to develop this new era of wealth transfer and management.