Blockchain
OKX: institutional investors consider crypto inevitable
A recent study by OKX has revealed that institutional investors view the adoption of cryptocurrencies as “inevitable” and are planning to increase their crypto allocations in the short to medium term.
The study, titled *Digital Assets as the New Alternative for Institutional Investors*, was commissioned by OKX and conducted by Economist Impact. It explored key areas such as asset allocation, custody, regulation, and risk management, with a particular focus on institutional investors considering digital assets like cryptocurrencies. The research also delved into liquidity, market integration, and regulatory compliance.
Insights were gathered through interviews with leaders in digital assets and finance from institutions like Citi, Al Mal Capital, Skybridge Capital, and VanEck. The study concluded that institutional investors see digital assets as a promising asset class that is poised for significant growth.
OKX is one of the world’s leading cryptocurrency exchanges, with a daily spot trading volume exceeding $2 billion, comparable to that of Coinbase. Primarily known for its derivatives trading, OKX handles over $18 billion in monthly volume in futures trading, second only to Binance.
Founded in 2017 in China by Star Xu, OKX quickly expanded internationally. Following China’s crypto ban, the company ceased operations in its home country and extended its reach globally. Its registered office is in the Seychelles, with operational headquarters in Dubai and additional offices in Singapore, Hong Kong, the USA, and the Bahamas.
OKX offers over 700 spot trading pairs and more than 280 derivative instruments, with leverage up to 125x on major futures contracts. It also provides specialized trading solutions for institutional investors, including advanced features, custody options, and risk management tools. Through its Nitro Spreads service, OKX Institutional offers on-demand access to deep liquidity for executing basis strategies, future spreads, and funding rate arbitrage.
Institutional Investors
The research identified four critical areas of interest for institutions considering digital assets: asset allocation, custody, regulation, and risk management. Additional factors influencing their entry into the crypto market include liquidity, market integration, and compliance.
Notably, the research found a growing consensus among institutional investors that digital assets—including cryptocurrencies, NFTs, and tokenized private funds—will play a significant role in their future portfolio allocations. In fact, 69% of institutional investors plan to increase their allocations in digital assets and related products within the next two to three years.
Currently, the average allocation to digital assets ranges between 1% and 5%, but this is expected to rise to 7.2% by 2027. To achieve this, investors are considering strategies such as spot allocations in cryptocurrencies (favored by 51% of surveyed investors), staking digital assets (33%), and investing in crypto derivatives (32%). While the report includes all digital assets, these strategies are primarily focused on cryptocurrencies.
The Institutional Crypto Market
The institutional custody market for digital assets is projected to grow at a compound annual growth rate of over 23% until 2028, reflecting strong interest from institutional investors. Currently, 80% of hedge funds investing in digital assets use third-party custodians.
The study also highlighted the convergence of local and regional regulatory frameworks, such as the EU’s MiCA, which is paving the way for global cryptocurrency adoption. Additionally, crypto exchanges are increasingly recognizing the need to adapt to local regulatory requirements to balance growth with market integrity.
Commentary
Lennix Lai, Chief Commercial Officer of OKX, stated:
“This initiative to engage with the world’s leading institutional investors demonstrates how rapidly digital assets are being integrated into investment portfolios. The trend will only intensify with advancements in blockchain technology, increased regulatory clarity, and the adoption of innovative digital solutions like real-world tokenized assets. Our collaboration with Economist Impact underscores OKX’s commitment to fostering a deeper understanding and adoption of digital assets among institutional investors globally.”
John Ferguson, Head of Globalization, Trade, and Finance at Economist Impact, added:
“As digital assets gain prominence in financial markets, regulatory standardization and sophisticated custody and risk management solutions tailored to digital assets are crucial for institutional investors. This research, sponsored by OKX and developed by Economist Impact, aims to provide insights into recent trends, challenges, and emerging opportunities in digital assets as investors navigate this rapidly evolving ecosystem. The findings also emphasize the vital role technology-based solutions can play in building trust in digital assets among institutional investors.”
Source: en.cryptonomist.ch
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Alpine Web3 and Everdome are joining forces to push the boundaries of fan engagement through immersive digital experiences. Building on Alpine’s storied motorsport legacy, this partnership will bring fans closer to the action with metaverse pop-up spaces and interactive events.
As Alpine Web3 shifts its focus beyond motorsport, this collaboration aims to redefine sports marketing by merging the physical and digital worlds, offering fans a dynamic and innovative way to connect with their favorite teams and events.
Alpine is a brand with a long and successful history, founded in 1955 by Jean Rédélé and quickly building success across multiple motorsports disciplines. With titles across multiple motor racing disciplines such as the World Rally Championship, 24 Hours of Le Mans, success in F1® racing and the FIA WEC Endurance World Championship, Alpine has constantly innovated for success.
Now Alpine seeks to expand their innovation beyond motorsport, looking for ways to engage new audiences with experiential sports marketing as the real and digital worlds converge.
This two-way partnership will see Everdome work on a variety of experiential Alpine focussed destinations, kicking off with a series of metaverse pop-up spaces for Alpine Web3, released to coincide with the major sporting events across their race calendar, from Formula One® and beyond.
Everdome will also create interactive events with Alpine Web3 and their partners, allowing global audiences to take one step closer to the action as we explore the future of sports fan engagement together.
Last year, Everdome and Alpine first collaborated with an exclusive metaverse AMA with their F1® driver Pierre Gasly and Binance Fan Token, creating an interactive event where the audience could join with their avatar-likenesses inside a unique environment, bringing them closer to their racing heroes inside a digital world.
“Experiential marketing is on the rise as audiences react positively to immersive, interactive experiences which bring a feeling of deeper involvement with their sporting teams and heroes.’’ said Artur Kaczmarczyk, Chief Growth Officer for Everdome. “This new partnership will explore a future of sports fan engagement, creating a series of activations across the motorsports racing calendar to let global Alpine fans feel closer to the team, drivers and brand.’’
Beginning with metaverse spaces highlighting images and videos from Alpine inside fully interactive, avatar-led digital environments, Everdome will go on to create a dedicated and permanent metaverse footprint for Alpine Racing inside their digital headquarters, showcasing their glorious history, exciting present and promising future.
“This collaboration with Everdome underlines our commitment to constant innovation through leveraging the latest technology”, said Guillaume Vergnas, Head of Merchandising, Licensing, Esports & Web3 at Alpine. ‘’Motorsport has always been about passion, spectacle and interaction, and with Everdome we seek to allow audiences a taste of the spectacle in a novel digital world.’’
Everdome will introduce their large community of web3 followers and metaverse pioneers to Alpine’s exciting web3 ecosystem, paving the way for some exciting cross-project collaborations, activations and more across 2024 and beyond.
The post Everdome and Alpine Web3 Redefine Fan Engagement with Bold Metaverse Vision appeared first on HIPTHER Alerts.
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