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One Third of Institutions Have Invested in Crypto Says Fidelity

Published 06/09/2020, 10:18 PM
Updated 06/10/2020, 12:00 AM
One Third of Institutions Have Invested in Crypto Says Fidelity

A Fidelity survey of 774 institutional investors found that more than one-third of firms worldwide have invested in digital assets or derivatives.

While 36% of institutions own crypto globally, multinational financial services company Fidelity found that only 27% of the 441 U.S. institutions surveyed are exposed to crypto — although that’s up from 22% last year. Close to half of European institutions are long on virtual assets.

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