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(Kitco News) - Institutional investment into the cryptocurrency sector has long been hyped as the thing that will bring legitimacy to the nascent asset class as the world's largest financial institutions are expected to throw their weight behind digital assets as the next financial frontier.
2021 saw the rise of many popular market sectors that caught the eye of institutions – including decentralized finance (DeFi), nonfungible tokens (NFTs) and the Metaverse – but the widespread pullback for cryptos in 2022 has diminished the desire for firms to boost about their crypto involvement.
While the PR surrounding companies getting involved with blockchain has declined, the interest in the sector continues to grow at an astonishing rate, according to Tongtong Gong, COO and co-founder of the digital asset...
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https://www.kitco.com/news/2022-10-12/Despite-stagnant-prices-institutions-co...
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