American financial services company, Fidelity Investments, has published a research, according to which, many institutional investors are looking to invest more in digital assets “over the next five years.”
According to the survey, about 22% of institutional investors already have some exposure to digital assets, with most investments having been made within the past three years.
Moreover, approximately four in ten respondents claim they are open to future investments in digital assets over the next five years.
Tom Jessop, President of Fidelity Digital Assetssm, says the company has seen a maturation of interest in digital assets from early adopters, like crypto hedge funds, to traditional institutional investors like family offices and endowments.
“More institutional investors are engaging with digital assets, either directly or through service providers, as the potential impact of blockchain technology on financial markets — new and old — becomes more readily apparent,” he added.
Last year, Fidelity was considering an idea to expand its custodian services beyond bitcoin (BTC) to other assets in the crypto market.
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