Brava Finance: Institutional investors search for digital asset alternatives
Brava Finance: Institutional investors search for digital asset alternatives
Institutional investors and wealth managers are increasingly looking for digital asset alternatives amid worries about Bitcoin prices rising and falling significantly, new global research from Brava Finance shows.
The study found that 89% of institutional investors and wealth managers surveyed are nervous about investing just in Bitcoin following its recent strong performance which saw it hit an all-time high of nearly $125,0000 and then fall back.
As a result, almost eight out of 10 of those surveyed (79%) in the US, UK, UAE, EU, Brazil, Singapore, South Korea, Switzerland and Hong Kong are looking for an alternative in the digital asset market, such as stablecoins.
Brava Finance, whose platform helps users access stablecoin-based credit strategies through decentralized finance (DeFi), has launched its Stablecoin SMA and first credit fund, which offers institutional-grade access via a regulated Cayman vehicle. The fund employs leading custody solutions such as Fireblocks and Northern Trust.