Brava Finance: Institutional investors turn their attention to stablecoins
Brava Finance: Institutional investors turn their attention to stablecoins
Global research from Brava Finance with institutional investors (pension funds, insurance asset managers, family offices and hedge funds) and wealth managers who currently invest in digital assets, shows nearly half (47%) already have a stablecoin strategy while 52% are developing one as interest in the sector surges.
The research from the non-custodial stablecoin management platform found almost all the institutional investors and wealth mangers (95%) who are already investing in stablecoins say the asset class is generating a yield.
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.
Its study in the US, UK, UAE, EU, Brazil, Singapore, South Korea, Switzerland and Hong Kong found around 18% of investors and wealth managers say their understanding of stablecoins is excellent while 71% say it is good and 11% say it is average.
Looking to the next three years, almost nine out of ten (89%) say the institutional use of stablecoins will increase, with 8% expecting a dramatic increase. Just over one in ten (11%) say the use of stablecoins by institutional investors will remain the same.