It is said that 94% of funds from prestigious universities in the United States invested in cryptocurrency-related fields last year. According to the results of a real-time survey in the fourth quarter of last year in cooperation with the blockchain security company BitGo by TradeCrypto.
According to this, 89% of the 150 institutions surveyed are based in the US, and the rest are located in the UK or Canada. Respondents continued to report concerns about the regulatory direction, management, and liquidity of investment in cryptocurrency, and only 7% of respondents said that it will decrease next year.
For the past year and a half, institutional investors have been talking about when to start investing in cryptocurrency, but it seems that university funds have already reached this level. According to the survey, 54% of respondents invested directly in cryptocurrency and 46% invested in various types of funds. In addition, over the next year, 50% said they would increase their investment in cryptocurrency, and 45% said they would maintain the current level.
The three characteristics required when choosing a cryptocurrency fund were firm compliance, sufficient asset flow and liquidity, and account security.
TradeCrypto points out that the market sentiment of the university fund for cryptocurrency assets is cautious optimism. Some respondents believe that cryptocurrency is the future of investment, but some say it is very volatile and scary. In February, it was reported that the University of Michigan plans to invest in the cryptocurrency fund CNK fund with Andressen Horowitz. The University of Michigan funding is over $12 billion. In October of last year, there was also a report that Yale University collected four-dollar funds and invested it in a cryptocurrency investment fund.
In April, it was revealed that Blockstack, a distributed computing network, aimed to raise funds by issuing a token worth $50 million in accordance with the U.S. Securities and Exchange Commission regulations. Related information can be found here .