Cryptos Can Be A Sound Long-Term Investment For Institutions, Cambridge Associates Affirms
Cryptos Can Be A Sound Long-Term Investment For Institutions, Consultancy Company Affirms
Cambridge Associates, an institutional investor consultancy firm, has affirmed that cryptocurrencies can be a “sound investment” in the long term for institutional players.
The company, which is based in Boston, is specialized in pension and endowment consultancy, is also a big player, as it advises institutions that move over $300 billion USD around the world and it manages around $30 million USD personally.
Analysts of the company have affirmed that, despite all the challenges faced by cryptos, they believe that the investors should begin exploring this new world. The company affirms that the investments are, indeed, risky, however, they may “very well upend the digital world”, too.
The experts from Cambridge Associates have assessed the market crash of 2018 and they argued that the industry was still robust despite the losses, which demonstrates that the industry is certainly developing its products.
On its official report about the market, the company has advised the investors to research the field and to learn more about it, as well as to explore diverse ways of investing. This way, they believe, they will be able to be protected from a big part of the risks offered by the market.
In fact, it looks like some other companies are actually hearing what companies like Cambridge Associates are saying here. Crypto investments from institutional investors are on the rise, according to a recent report from Grayscale Investment’s fund, which is a digital asset management fund.
Most people from the industry are anticipating that the price of Bitcoin will skyrocket once more now that the investors are getting interested in the industry, but it will surely take some time as most investors are simply scared of coming back so soon.
Mike Novogratz, the creator of Galaxy Digital, a crypto merchant bank, has affirmed that the crypto industry is going through a structural shift recently and that the people will lead a revolution that will change the institutions.