Shock Survey: 94% of Endowments ALREADY Invested in Crypto Industry

2019-4-15 19:05

By CCN: While bitcoin bears gleefully proclaim that Wall Street will never embrace crypto, the evidence shows that major institutional investors already have. Survey: 94% of Endowments Have Exposure to Crypto Industry Global Custodian and The TRADE Crypto in partnership with BitGo found in a survey that 94 percent of 150 endowments invested in crypto initiatives in the past year amidst an intense bear market.

The survey discovered that 141 endowments have invested in the crypto market in the last 12 months, indicating a noticeable increase in institutional demand in the asset class. Jonathan Watkins, managing editor, Global Custodian and

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