Report: Crypto Market Looks Positive as Institutional Adoption Grows

IconCryptoNewsTerminal Staff24 May, 2024

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Report: Crypto Market Looks Positive as Institutional Adoption Grows

According to a Q1 report from crypto data analytics provider Messari, institutional adoption of cryptocurrency is on the rise. The report found that the number of institutional investors holding crypto has increased by 65% since the beginning of the year. This growth is being driven by a number of factors, including the increasing popularity of crypto as a store of value and the growing number of institutional-grade crypto custody and trading platforms.