Study: UK Institutional Investors Set to Sharply Increase Crypto Holdings

Professional investors in the UK are expected to launch more crypto/digital investment funds as regulation of the industry improves, according to a new study by digital asset management firm Nickel. Nickel commissioned research from UK-based professional investors who collectively manage around $71.73 billion in assets, with 93% expecting the number of funds available to increase over the next three years and nearly a quarter (23%) A substantial increase. Nickel's research found that UK investors strongly support digital assets - all investors questioned believe they will become mainstream assets, while 93% believe that digital assets - especially DeFi protocols - are becoming the backbone of traditional finance and Important disruptive technology. When asked about their overall view on blockchain and digital asset technology, 63% of professional investors said it is scalable and is achieving mainstream adoption. In comparison, 17% said it has a significant impact on the global economy and Has solid transformative potential.