Cryptocurrencies & Platforms

“We’re Seeing Many Institutional Players With a Strong Appetite for Digital Assets,” Says Huobi CEO

In an exclusive Q&A with executives from the global cryptocurrency exchange Huobi Global and the blockchain and cryptocurrency data analytics organization TokenInsight, we gained exclusive insights about institutional investors from an insider perspective.

Key Insights on Institutional Investment in Crypto

Per the interview, the CEO of Huobi Global, Livio Weng, said that Huobi has seen a lot of institutional investors enter the cryptocurrency space over the past year.

However, he believes the institutional interest experienced thus far is just the beginning, proclaiming that the critical tipping point hasn’t happened yet:

“While we’re seeing many institutional players with a strong appetite for digital assets, we’ve also found that many simply aren’t comfortable dealing in unregulated markets. It will be very interesting to see what happens over this year and next, as more and more regulators bring cryptocurrency under their jurisdictions.”

In agreeance with Weng, Weirong Chen, a senior analyst at TokenInsight, said the digital currency sector is gradually becoming more and more accepted among institutional investors.

However, Chen also believes that in order for institutions to enter crypto at a large scale, clear and concise crypto-friendly regulations must be established.

“If institutional investors want to enter the market on a large scale, regulation is the primary issue.”

Adding to this, he cited the United States as being relatively friendly towards crypto as proper infrastructure is being built for institutions to get involved, such as compliant exchanges, digital brokerages, custody, and more.

All in all, both of these insiders agree that institutional players are entering the crypto space, and that we’ll see an influx of institutional investment once clear and concise crypto-friendly regulations are established.

Do you agree with these insiders that the real surge of institutional investment will come with regulation? Let us know what you think in the comment section below.

Jeremy Wall

Jeremy is a financial writer and aspiring investor. He is also a cryptocurrency enthusiast that’s fascinated with blockchain technology and the financial markets. When he’s not researching and learning about cryptocurrency, he’s traveling the world with his dog and girlfriend.

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