Seth Ginns, CIO of Franklin Templeton's multi-asset investment solutions group, noted that institutional adoption is accelerating in the crypto space. This trend is occurring despite digital asset prices failing to keep pace with the industry's strongest fundamentals in years.
Source
"Institutional Adoption Accelerates Despite Lagging Crypto Prices" — CoinDesk
This article is Bitcoincryptos' summary and analysis of reporting originally published by CoinDesk. Read the full original report at the link above.
Institutional investors are increasingly turning to cryptocurrencies as a store of value and for diversification purposes.
BTC · 7D · $64,979+4.7%