- 24% of asset management companies in the US, UK, and Europe are hiring senior executives.
- More asset managers will continue to prioritize trading and investment strategies for digital assets over the next 2 years.
- The second quarter of 2023 saw a 33% increase in revenue for European digital asset manager CoinShares.
According to a recent Amberdata report, 24% of asset management companies in the US, UK, and Europe are hiring senior executives to oversee their investment strategy for digital assets.
In the study’s poll of 60 financial experts from the US, UK, and Europe, it was discovered that 48% of respondents have digital assets in their portfolios.
1 in 4 investment firms
The report also predicts that more asset managers will continue to prioritize trading and investment strategies for digital assets over the next two years.
Even if the SEC and CFTC continue to exert regulatory pressure, Amberdata foresees a possible favorable outcome in the next years.
The research also emphasizes that more asset management businesses may embrace a digital asset approach as a result of Ripple’s recent partial court success over the SEC.
The second quarter of 2023 saw a 33% increase in revenue for European digital asset manager CoinShares, which recorded a total revenue of 20.3 million pounds ($25.9 million).
