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Study Finds 94% of Endowments Are Investing in Cryptocurrency

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Cryptocurrency adoption throughout 2019 continues to be at an all time high, with the number of institutional investors in the industry also rising.

According to the results of a study published on April 12, 94 percent of endowments surveyed reported having made crypto-related investments, with 50 percent of respondents reporting an intention to increase their position over the next twelve months.

The study, which was conducted in Q4 2018 in a joint effort by publications Global Custodian and The Trade Crypto, as well as blockchain security firm BitGo, concluded that endowments money has seen a massive uptick in cryptocurrency investing ...

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