Amberdata Report: About a Quarter of Investment Firms in the US and Europe Appoint Executives to Oversee Digital Assets

ChainCatcher news, according to a report by Cointelegraph, based on a recent report from market intelligence firm Amberdata, shows that one-quarter of asset management firms and hedge funds in the U.S. and Europe have hired senior executives to oversee digital asset strategies. 24% of asset management firms have adopted digital asset strategies, with another 13% planning to do so in the next two years.

The report surveyed 60 investment professionals in the U.S. and Europe. Respondents included asset management firms, hedge funds, and other investors. About half (48%) of the study participants have incorporated digital assets into their company's portfolio. Amberdata further predicts that in the next two years, managers will prioritize trading and investment strategies, with a particular emphasis on creating innovative investment products.