2021 did see the crypto demand skyrocket, largely backed by increased institutional interest. Natixis Investment found in its latest survey that 28% of institutions have increased exposure to cryptocurrencies as we move towards 2022.
However, according to Bloomberg, the survey also maps the crypto sector as a “top contender” for a “major correction” in 2022, as around three-quarters of the institutions polled do not consider cryptocurrencies as an appropriate investment for most retail investors.
This is contrary to the fact that an estimated 8% of all surveyed institutions plan to dive into the sector next year. Recently, Visa amped up its crypto services by introducing a global crypto advisory unit. Speaking about the same, Head of Crypto
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