Bitwise released a report on institutional crypto investment trends, saying that surveyed institutions did not reduce their allocations during the market retracement and that Bitcoin was their common holding.
Korean brokerage KB Securities has signed an MOU with Securitize and Optimism to advance tokenized securities for Korean institutional investors, with OP Mainnet proposed as the infrastructure.
Lin Chen, Deribit’s Head of Business Development for Asia-Pacific, said that some traditional asset management institutions and family offices have ended approximately one year of waiting on the sidelines and recently resumed allocating to the crypto market through options combinations, with individual transaction sizes reaching tens of billions of US dollars.