According to a new Morgan Stanley report, the number of institutional investors involved in bitcoin and other coin is growing while retail investors are not adding.
Institutional investors make up the bulk of the digital money market
The conclusion comes from Morgan Stanley’s research lab, taking data in the bitcoin market for the past six months and highlighting the emerging trends in the digital money market.
The report highlights the changing perception of bitcoin, from seeing the only bitcoin as a digital currency to a value-added storage medium that is viewed as a solution to the financial system, and become a payment system and the basis for a new generation investment form.
This change in perception comes from the evolution of the market and the technological advances of the past, from the record of all transactions to hard fork, hacking, development. Many of the new technologies are cheaper than bitcoin. The way the market fluctuates.
The view that Bitcoin is a ‘new generation investment’ exists and stable throughout a year. Asset-backed digital money surged from $ 7.11 billion in January to $ 1,166 in venture capital funds and storage companies.
Reportedly, the fact that large financial institutions are increasingly involved in the virtual currency market supports this last view, organizations such as Fidelity invest in Seed CX, BitGo and Binance, IPOs of Coinbase shows a very positive perspective.
The report also points out that existing issues, such as poor regulatory regulation, lack of collateral instruments, and lack of presence of large institutions are the reasons for the virtual money market not yet firing. explosive power.
Transferred by Stable Coins
The report mentions the role of stablecoin in stabilizing market prices. Stablecoin plays an important role for traders when they do not want to exit or enter the market, so few digital money transactions — cash plays out that makes the role of Stable coin stronger.
The stable coin sector is also geared towards crypto startup as they develop their own stable coin.
The report also emphasized that not all stable coin will survive, only those with the lowest transaction fees, high liquidity and strict management will receive more acceptance.
Including the startup company Twogap, they prepared together in a month to prepare to launch and step up the ICO.
And the long-term goal as well as the solution and the playground they target are also crypto.
To them, the creation of a separate, crypto-sacred product for the moment is the quickest and best solution to the new path of virtual currency.
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