Liquidity requirements reframe the need for diversification.
The firms’ offerings made up 85% of all crypto AUM, while separate research found 75% of investors expect cryptocurrency to soon become part of institutional allocations.
Regulators are making it easier to tokenize assets, but market structure will have to evolve to support widespread adoption.
Blockchain-based investments could provide liquidity and operational efficiency for institutional investors.
Traditional custody banks are getting competition from upstarts.
The partnership will focus on subscription line lending and other fund finance products.