Based on the findings of a market intelligence firm, an increasing number of investment firms in the United States, the United Kingdom and Europe are appointing senior executives to lead digital asset investment strategies.<\/p>\n
According<\/a> to a recent Amberdata report titled \u201cDigital Assets: Managers\u2019 Data Infrastructure Fuel,\u201c 24% of asset management firms have adopted a digital assets strategy, with an extra 13% planning to do so in the next two years.<\/p>\n \u201cThese roles are being staffed up, with almost a quarter of firms with a senior role dedicated to digital assets, reflecting seriousness about implementation as well as senior management buy-in.\u201d<\/p><\/blockquote>\n The report surveyed 60 investment professionals across the U.S., U.K. and Europe. The interviewees included asset managers, hedge funds and other investors.\u00a0<\/p>\n Approximately half (48%) of the study participants include digital assets in their firm\u2019s portfolio.\u00a0Amberdata also forecasts that in the coming two years, an increasing number of asset managers will continue to emphasize digital asset trading and investment strategies.<\/p>\n Related:\u00a0This DeFi platform unlocks automated asset management for retail investors<\/a><\/em><\/strong><\/p>\n Despite ongoing\u00a0regulatory pressure<\/a>\u00a0in the U.S. crypto industry from the Securities and Exchange Commission (SEC) and Commodities Futures Trading Commission (CFTC), Amberdata predicts a potential positive outcome in the next few years:<\/p>\n \u201cThe good news is that the tide may be turning. In the next five years, the SEC and the CFTC are expected to be providing the most positive opportunities for investors in our study,\u201d the report states.<\/p>\n Additionally, it highlighted that Ripple\u2019s recent partial legal victory against the SEC<\/a> may attract more asset management firms to adopt a digital asset strategy.<\/p>\n In recent news, European digital asset manager CoinShares\u00a0reported\u00a0a total revenue<\/a> of\u00a020.3 million pounds ($25.9 million) in the second quarter of 2023, a 33% increase compared with the prior year\u2019s quarter.<\/p>\n Magazine:\u00a0Recursive inscriptions: Bitcoin \u2018supercomputer\u2019 and BTC DeFi coming soon<\/a><\/em><\/strong><\/p>\n<\/div>\n![](\"https:\/\/s3.cointelegraph.com\/uploads\/2023-09\/9f8efa8a-9738-4dcf-af3a-c06cf687ac40.png\")