According to the latest annual survey results published by the global digital asset banking group Sygnum, corporate investors are inclined to increase their investments in cryptocurrencies. Fifty-seven percent of the respondents indicated their plans to boost their holdings in cryptocurrencies. This trend is supported by a growing willingness to take risks and confidence in the long-term potential of this asset class.
Demand for Cryptocurrencies Rises
Sygnum’s survey encompasses over 400 corporate and professional investors from 27 countries, all boasting more than ten years of investment experience. Lucas Schweiger, Sygnum’s Digital Asset Research Director and report author, stated, “This report reflects the market’s belief in the potential to reshape traditional financial systems and the care shown in risk management.”
According to the survey, 65% of participants have a positive outlook towards cryptocurrencies in the long term, while 63% are considering additional cryptocurrency investments in the next three to six months. Furthermore, 56% of respondents expect to shift their investment attitudes towards optimism within a year, with some already exhibiting optimistic behavior due to Bitcoin’s (BTC) rise to all-time high levels.
Concerns About Regulation Diminish
More than 70% of respondents noted that spot Bitcoin $87,811 ETFs enhance their confidence in cryptocurrencies. Approximately 30% believe cryptocurrencies outperform traditional investments. Over half of the participants have allocated more than 10% of their funds to cryptocurrencies, while 46% plan to increase this allocation in the next six months.
Among the participants, 44% prefer a single cryptocurrency investment strategy, while 40% favor actively managed investments. The respondents show a keen interest in layer-1 blockchain technologies, followed by Web3 infrastructure and DeFi projects. In 2023, the focus has shifted from real estate investments to the tokenization of stocks, corporate bonds, and mutual funds.
Historically, regulatory issues and security concerns have complicated access to cryptocurrencies. However, 69% of respondents believe that increasing regulatory transparency has reduced these barriers. Presently, the primary concerns are asset volatility and security. A notable 81% stated they would consider increasing their cryptocurrency investments if provided with more information, indicating a market focus now shifting towards market risks, strategic planning, and in-depth technological research.