Institutions Sidelined: Why The Herd is Yet to Arrive
"The institutional infrastructure that old money needs is extremely underdeveloped. Despite recent developments in custody and regulation, the ecosystem is yet to address the pain points holding institutions back. There has been progress — this we don’t doubt —infrastructure announced by players like Bakkt and just this week, CITI, cannot be understated. But is this enough? Is it the progress of institutional groundswell, the progress risk-averse and compliance-focused old money needs to be confident in the new asset class?"
Read the complete article here.
"The institutional infrastructure that old money needs is extremely underdeveloped. Despite recent developments in custody and regulation, the ecosystem is yet to address the pain points holding institutions back. There has been progress — this we don’t doubt —infrastructure announced by players like Bakkt and just this week, CITI, cannot be understated. But is this enough? Is it the progress of institutional groundswell, the progress risk-averse and compliance-focused old money needs to be confident in the new asset class?"
Read the complete article here.