“Most large institutions have steered clear of the 10-year-old, $120 billion industry because it’s largely unregulated and cryptocurrencies have been used to finance illicit trade. The collapse in crypto prices hasn’t helped either: Bitcoin, the largest digital currency, lost about 75 percent of its value in 2018.
For those prepared to take the plunge, Cambridge recommends ‘a considerable amount of time learning about the space,’ including surveying the different ways of investing, from illiquid venture capital funds to buying tokens on an exchange.”
Cambridge Associates has worked with endowments and foundations for over 40 years. Their research note will encourage more institutional LPs to invest in crypto.
Post by Marcelino Pantoja