ChainCatcher reported that according to PR Newswire, a Sygnum Future Finance survey showed that 57% of Singapore institutional investors plan to increase long-term cryptocurrency allocations, while the survey average is 47%.

It is reported that the survey subjects include Sygnum institutional client base and investors, as well as various investment professionals from banks, hedge funds, multi-family and single-family offices, DLT foundations, funds and asset management companies. The main reason for increasing cryptocurrency investment is to be optimistic about the general trend of industry development.