Business News

Cointelegraph on a mission to reinvent the cryptography of institutional investors Matt Zhang

[ad_1]


Institutional interest in cryptocurrencies is growing as space continues to mature. According to a survey published by European Investment Manager Nickel Digital Asset Management on 8 December, 85% of institutional investors and wealth managers have been offered by the group. review cryptocurrencies and digital assets. The study found that investors surveyed manage about $ 108.4 billion in assets. The London-based company also released a report in September this year, which showed that 62% of institutional investors have zero exposure to cryptocurrencies. make their first crypto investments next year.

It is noteworthy that veterans of Wall Street have begun to enter the cryptography industry. Recently, Matt Zhang, the former chief commercial officer of Citi Global Bank, launched a completely new venture fund aimed at launching cryptocurrency and blockchain. Known as “Hivemind Capital Partners,” Zhang said earlier in a Cointelegraph article $ 1 billion multi-strategy fund It will help “institutionalize crypto-investment”.