Financial Giant State Street Sees Unwaning Crypto Demand From Institutional Investors

Bitcoin.com | Sep 13, 2022 at 3:30 AM
  • Investment management firm State Street says that institutional clients are not deterred from investing in crypto assets despite price declines.
  • The financial services giant had $38.2 trillion in assets under custody and/or administration and $3.5 trillion in assets under management as of June 30.
  • Ahmad noted that a number of major investment firms, such as Goldman Sachs, have begun offering crypto products and are likely to make further moves into the crypto space.