By Monica Summerville, Head of Capital Markets, Celent. Institutional investors have been slow to embrace digital assets and, based on events over 2022, a healthy measure of restraint and skepticism has been no bad thing. However, despite headline-grabbing meltdowns across the crypto ecosystem, engagement remains strong across various sectors including venture capital, central banks, blockchain infrastructure, regulators, and institutional investors. Digital asset management platforms and DeFI protocols are still attracting funding, both the US and UK are moving forward with central bank digital currency (CBDC) plans, and Web3 developer activity continues to rise.
