For a long time, pundits have posited that cryptocurrencies and blockchain technology will truly take off once institutional investment into the industry starts pouring in. In 2021, institutional investors picked interest in decentralized finance (defi), the metaverse, and NFTs (non-fungible tokens). However, theย slump in the prices of cryptosย witnessed in 2022 put the brakes on the momentum of capital flow into blockchain technologies, although institutional interest has remained strong.
According to Amberdataโs cofounder and COO Tongtong Gong, the rate at which institutional investors are exhibiting interest in blockchain technology isย at an all-time high and is growingย rapidly. Amberdata is a data analytics company offering trading research, backtesting, compliance and accountancy, riskโฆ
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