Report: 54% of institutional investors and 64% of retail investors plan to increase their digital asset allocation
The EY-Parthenon survey report shows that many institutional and retail investors want to increase their allocation to digital assets and digital asset-related products.
The report shows that among the respondents, 94% of institutional investors and 83% of retail investors said they believe in the long-term development potential of digital assets. 54% of institutional investors and 64% of retail investors plan to increase their allocations.
Institutional investors are mostly seeking multi-custody models to manage their digital assets. In addition to custody, they also want access to more liquidity providers, the ability to borrow against cryptocurrencies, and prime brokerage services.
In terms of retail investors, 72% see digital assets as a core part of their overall wealth strategy, and they want to enhance their current wealth and estate planning, tax and trust, and advisory services to cover cryptocurrencies and digital assets.