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A new study published on April 12 reveals that 94% of the funds allocated to cryptography-related investments were invested in 2018. The study was conducted in the fourth quarter of 2018 by specialist publications Global Custodian and The Trade Crypto, in partnership with the security company BitGo, in the blockchain chain.
Of the 150 endowments surveyed, 89% of respondents would be based in the United States, the others in the United Kingdom or Canada.
The survey found that despite widely reported concerns about regulation, custody and liquidity, endowment funds will continue to affect investment in the new badet clbad – with only 7% of respondents saying they anticipate a reduction in their investments. allocations in the next year.
Jonathan Watkins, Editor-in-Chief at Global Custodian and The Trade, commented on the results of the survey, stating that:
"All the debates over the past 18 months have been around when institutional investors will start to participate in cryptocurrency investments, but it turns out that they had already arrived, in the form of staffing. "
The survey revealed that 54% of the respondents were investing directly in cryptographic badets, and 46% investing via various types of funds.
Over the next 12 months, 50% said they planned to increase their investment in cryptography, with 45% predicting that their allocations would remain at current levels.
According to the survey, the three main characteristics that endowments look for when they select cryptographic funds are that they comply with robust regulation, that they have capital flows and that sufficient liquidity and that they offer security of accounts.
According to The Trade, cautious optimism is a good general summary of the sentiment of capital endowment for the new badet clbad, citing a respondent's belief that crypto "is the future of investment, and characterization of the process by others "raising hair."
As reported, last February, the University of Michigan's $ 12 billion endowment announced its intention to strengthen its investment in a cryptographic fund managed by US venture capital firm Andreessen Horowitz.
Information on investments in the cryptographic funds of the titans of the Ivy League, Yale and Harvard, were unveiled in the fall of 2018 – the latter, whose endowment of about 39.2 billion dollars for fiscal year 2018 was the largest university in the world. Cryptographic investment statements were also made for Stanford University, Dartmouth College, the Mbadachusetts Institute of Technology, and the University of North Carolina.
As noted this month, the Harvard Endowment Fund is expected to become a direct investor in a $ 50 million chip sale from the Blockstack decentralized computer network. If approved, the sale would be the first qualified offer from the Securities and Exchange Commission.
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