Despite the crypto volatility, the widely publicized regulatory concerns and a lack of liquidity in the cryptocurrency market, reports show that university endowments worldwide are dipping their toes into cryptocurrencies.
Recently, a survey conducted by a trade publication in partnership with two other startups showed that up to 94% of the 150 endowments surveyed had an investment in crypto-related projects. More than 80% of those surveyed were United States-based institutions, with the rest of the respondents coming from the United Kingdom and Canada.
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