According to a survey from Fidelity Digital Assets, 70% of institutional investors plan to invest in cryptoassets in the near future, and 90% plan on doing so by 2026.
Digital asset manager Grayscale Investments is set to launch a decentralized finance (DeFi) fund and index, according to its CEO Michael Sonneshein, who said the firm has seen interest from its existing investors and prospective ones for DeFi assets.
The President’s Working Group for Financial Markets, a presidential advisory group, is planning on recommending stablecoin regulations within the next few months.
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Top stories in the Crypto Roundup today:
- Most Institutional Investors Plan to Own Crypto by 2026: Fidelity
- Grayscale to Launch Institutional-Grade DeFi Fund and Index
- Presidential Advisory Group To Issue Stablecoin Regulation Recommendations
- Sponsored: Invictus Capital Q2 2021 Investment Report