Report: 87% of the institutions surveyed participate in investing in blockchain protocol tokens, and more than half plan to increase their holdings o

Sygnum, a digital asset bank, released its first institutional cryptocurrency market report last week. According to the survey results, 87% of respondents invested in "blockchain protocol tokens such as Bitcoin, Ethereum, and Solana (Layer 1 protocol)." In addition, 57% of respondents plan to increase their cryptocurrency asset allocation in the future. 37% of investors "believe that cryptocurrencies are a better investment than traditional assets, indicating their attractiveness as a traditional market hedging tool."