Despite the enviable recent performance of many crypto funds, nearly 80% of hedge funds are not currently investing in digital assets.
Of the 21% that are investing in digital assets, that investment only equates to 3% of AUM, although 85% of those hedge funds intend to deploy more capital into the asset class by the end of 2021.
According to recent research, 64% of those wealth managers not currently investing said that they didn’t have enough knowledge of digital assets and 82% cited regulatory uncertainty is by far the greatest barrier to investing.
CryptoFunds22 help to fill this knowledge gap for fund managers, wealth managers, family offices and HNWI investors in the financial community.
The event in Abu Dhabi was hosted by the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) that provides a regulated environment for virtual assets to international businesses and represented by Simon O’Brien, Executive Director at Markets at Abu Dhabi Global Market (ADGM) – Financial Services Regulatory Authority (FSRA), as speaker.