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Quality of custodial services is seen as the most ‘significant’ hurdle to institutional investors investing in cryptocurrencies

Quality of custodial services is seen as the most ‘significant’ hurdle to institutional investors investing in cryptocurrencies

A new survey of institutional investors and wealth managers from the US, UK, France, Germany, and the UAE who collectively have USD275 billion in assets under management, reveals that 76 per cent describe the concerns about security of digital assets and custodial services as a ‘significant’ hurdle preventing many from investing in cryptoassets for the first time.