Professional Investors Believe Crypto Will Become Mainstream, Study Says

A recent survey found that professional investors believe that digital assets will become mainstream in the future.

The London-based crypto hedge fund Nickel Digital Asset Management survey found that more than eight out of 10 respondents in the study of 200 institutional allocators and wealth managers said they anticipate wider use cases of cryptocurrencies.

According to the survey result, half of the professional investors thought that digital assets would play a main role in portfolio diversification in the future.

Tokenization of traditional assets — converting real, regulated assets into digital assets on blockchain — providing access to decentralized finance platforms and the ability for crypto to provide a new value transfer mechanism, were other common broader-use cases reported seen for crypto in the future.

Nickel’s survey also found that just under half of the professional investors believe that blockchain and digital asset technology are scalable and have a good chance of achieving mainstream adoption. While about one-in-five respondents think crypto has the potential to transform the world’s economy.

​​Nickel CEO Anatoly Crachilov said in a statement that “to a great extent, digital assets have already achieved’ escape velocity — they have achieved a multi-trillion dollar market cap. There is gradual regulatory acceptance of them in key countries. This is clearly reflected in the overwhelming majority of professional investors who believe digital assets will be mainstream.”

According to the survey, 13% of respondents claimed that it is still too early to think that digital assets could become mainstream, while 3% said that this would not happen.