Drop zero crypto policy Bernstein tells institutions

01/18 03:09

Bernstein analysts said 2023 might be the best time for institutions with zero crypto allocation to “start placing the building block for long-term strategy.” The asset managers says crypto revenue could increase about 1,600% to around $400 billion by 2033. "Get off zero crypto allocation," the asset manager told institutions following the publication of its global crypto revenue pool model for the next decade. "For institutional investors with no allocation to crypto, 2023 might be the best time to start placing the building blocks for a long-term strategy." Analysts at Bernstein expect revenue to grow to $400 billion by 2033 from less than $25 billion today — an increase of more than 1600%.
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