Bernstein Analyst - Institutions Need to Give Up on Zero Crypto Strategies and Start Allocating Now
Brokerage firm Bernstein has advised institutions to dabble into crypto and give up their "zero crypto allocation" strategy. In a research report on Monday, the asset manager said crypto is poised to pivot from a fat inf...
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In a research report on Monday, the asset manager said crypto is poised to pivot from a fat infrastructure thesis to a fat application thesis in 2023, laying the foundations for a decade-long “golden age” of innovation for cryptocurrency applications. The company also said 2023 will be the best year for institutions to create their crypto strategy....
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