🚀 Despite unfavorable economic conditions, institutional adoption of cryptocurrencies continues to increase! According to a Coinbase survey, 64% of institutional investors who have invested in crypto plan to increase their allocation in the next 3 years. Nobody plans to reduce allocations, you know! 😄

- In the last 12 months, 33% of respondents increased their crypto allocation, 17% reduced it, and 50% did not change.

- 45% of institutions that have not yet invested in crypto are likely to try in the next 3 years.

They are also optimistic about blockchain technology:

- 73% see blockchain as a faster and more secure payment method than traditional banking systems.

- 66% believe blockchain will replace conventional trade settlement systems.

However, 76% of respondents said the absence of clear crypto regulations in the US hinders the country's position as a financial services leader. So, there needs to be clarity in regulations so that the crypto industry can grow more rapidly.

What do you think about crypto adoption by institutions? Do you agree with the results of this survey? Come on, discuss in the comments column! 👇