Institutional Investments in Canada: Embracing Crypto Amidst Regulatory Progress

Thursday, 25 April 2024, 09:18

In Canada, 39% of institutional investors are now exposed to cryptocurrencies, up from 31% in 2021. A recent survey by KPMG and CAASA highlights the growing adoption of digital assets amidst regulatory advancements and financial recovery. The surge in crypto investments is driven by improved market infrastructure, strong performance metrics, and the attraction of iconic traditional asset managers to the crypto industry.
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Institutional Investments in Canada: Embracing Crypto Amidst Regulatory Progress

Surging Crypto Investments in Canada

Canada's institutional investors are increasingly embracing cryptocurrencies, with 39% now exposed to digital assets, up from 31% in 2021. A recent KPMG and CAASA survey indicates growing adoption amidst regulatory progress and financial recovery.

Crypto Assets Gain Favor as Hedge Against Dollar Inflation: KPMG

The survey reveals that 50% of financial services respondents offered crypto asset services in 2023, a 9% increase from the previous year. The recovering crypto market, enhanced regulatory clarity, and innovations in digital assets contribute to the growth.

Insights on Institutional Investments

  • 75% of institutional investors hold crypto assets directly
  • 50% gain exposure via exchange-traded funds
  • 58% are venturing into crypto-related public equities

Experts advise institutions and investors to pursue education, develop a strategic vision, and implement robust internal policies to navigate the evolving landscape successfully.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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