Deloitte Crypto Insights Show Institutional Investor Interest is At All Time High

One of the biggest name in global accounting, Deloitte, lately issued its annual blockchain survey, titled ‘Breaking Blockchain Open’, in which the company presents insights into the opinions and actions of established organizations and their top executives with regard to blockchain technology.

The firm interviewed 1,053 top-level executives from organizations that averaged over 500 million in annual revenue. The executives were based in Canada, China, France, Germany, Mexico, United Kingdom, and the United States. The majority of the respondents came from the U.S. (284). Chinese respondents numbered 205 followed by the UK at 150, and Germany at 132.

Although the respondents identified as having an average to above average understanding of blockchain technology. Additionally, due to their top level status, the respondents were able to provide insightful views with regard to their organization's views on blockchain technology. They were also able to comment on the future plans of the company as they were privy to this kind of information.

The study found that 84% of businesses claim blockchain-based solutions to be better than the conventional technologies. However, 39% cites regulatory issues and 28% lack of understanding the barriers to implementing this technology.

Let us take a look at some of the multinational entities who have shown interest in blockchain technologies.

Morgan Creek

In conjunction with Bitwise Asset Management, Morgan Creek Digital has started a digital index fund. The fund will allow crypto exposure to authorized investors, pensioners, and wealthy individuals as stated by Anthony Pompliano, the Morgan Creek Digital partner:

“We’re fully prepared and feel we’ve built something that institutional investors will find attractive regardless of how the assets are categorized. Whether they’re securities or not.”


The biggest exchange group NYSE’s parent company ICE introduced Bakkt, a digital asset platform to be released in November. Kelly Loeffler, the CEO explicitly stated:

“Bakkt is designed to serve as a scalable on-ramp for institutional, merchant and consumer participation in digital assets by promoting greater efficiency, security, and utility.”

With physically-backed futures, this gateway will facilitate the institutional investors to buy Bitcoin through its regulated market infrastructure. Furthermore, she mentioned in her “An evolving market – The need for trusted price formation” post, no leverage or margin will be allowed rather all the bitcoin contracts of Bakkt will be pre-funded or collateralized.

Iconiq lab

German firm Iconiq Holding is beginning a range of digital asset index funds that according to its managing partner, Maximilian Lautenschläger would bring new capital into the crypto market:

“Iconiq’s aim is to make ICOs and crypto investments accessible to institutional investors, family offices and retail investors. Only through such regulated vehicles can we open the doors for the trillions of capital from institutional markets to enter crypto.”

Besides, names like Goldman Sachs, Northern Trust and lately Bank of America got into crypto via custody route. It all started with Coinbase and its introduction of premium products and services targeted exclusively towards institutional investors. And now others are ready to further drive it forward.

Top 6 Reasons Why Institutional Investors Will Join The Bitcoin Party Sooner Than Later

Get Free Email Updates!

*Action* Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

I will never give away, trade or sell your email address. You can unsubscribe at any time.

Bitcoin Exchange Guide News Team
B.E.G. Editorial Team is a gracious group of giving cryptocurrency advocates and blockchain believers who want to ensure we do our part in spreading digital currency awareness and adoption. We are a team of over forty individuals all working as a collective whole to produce around the clock daily news, reviews and insights regarding all major coin updates, token announcements and new releases. Make sure to read our editorial policies and follow us on Twitter, Join us in Telegram. Stay tuned. #bitcoin

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer


Please enter your comment!
Please enter your name here


Live Bitcoin Price & Latest BTC Charts

Today's Latest Crypto News

Bitfinex Offers $400M Reward For Info on 120k BTC Stolen in 2016; Hackers Can Collect Too

On August 2, 2016, Bitfinex experienced one of the biggest crypto heists of all time, as hackers exploited the system, running off with approximately...

Crypto Trading Platform, 2gether, Unable To Refund $1.4M Hack; Offers Its Native Tokens

Spanish cryptocurrency trading app, 2gether announced on Sunday the platform faced a hack on July 31 on its investment coffers losing €1.183 million ($1.4...

Venture Fund to Invest Majority of $100 Million Raised Fund in DeFi Protocols

San Francisco-based venture fund Electric Capital has raised $100 million from university endowments and other non-profits and it will be using this to invest...

Filecoin to Begins its Incentivized Testnet This Week Ahead of Project Launch Next Month

Crypto project Filecoin which proposes to create a peer-to-peer storage system, will begin its incentivized testnet this week. This testnet will allow users to...

Ethereum 2.0 Final Testnet, Medalla, Rolls Out; Is A 2020 Launch Now In Sight?

The Ethereum 2.0 Phase 0 Medalla public testnet finally went live on August 4, 2020 at around 1AM GMT giving hope of a possible...

BitcoinExchangeGuide is a hyper-active daily crypto news portal with care in cultivating the cryptocurrency culture with community contributors who help rewrite the bold future of blockchain finance. Subscribe on Google News, see the mission, authors, editorial links policy, investment disclaimer, privacy policy. Got News? Contact us, we are human too. Note: nothing here is financial advice, do your own research thoroughly.

Start Using Crypto Today