Despite this, more than a third of institutional investors plan in Singapore to increase their investments (35%), expand their knowledge base for its customers (33%) as well as invest in increasing their crypto offerings (34%).
Across the five Asia Pacific markets polled, institutional investors in Singapore experienced the biggest drop in trust in crypto, a study by Bitstamp finds.
According to its “Crypto Pulse” survey, institutional investors in Singapore’s trust in crypto declined to 61% in 2Q from 70% in Q1.
