· Three out of four professional investors expect the US, EU or UK to take a positive stance on the market in the next 12 months
According to a new survey by London-based Nickel Digital Asset Management (Nickel), Europe’s leading regulated and award-winning digital assets hedge fund manager founded by Bankers Trust, Goldman Sachs and JPMorgan alumni, institutional investors and wealth managers expect the current crypto correction to speed up regulation of the sector.
Nickel commissioned a survey of 200 professional investors from across seven countries who collectively manage around $2.2 trillion in assets and found 88% agree the pace of regulation of the crypto and digital assets market will intensify.
Around a third (32%) strongly agree that the drive to regulation will accelerate as a result of the market sell-off, the study found.
More than three-quarters (77%) believe the drive to increased regulation will include the US, UK or European Union adopting a constructive stance on the crypto market in the next 12 months with just 17% believing the drive to regulation will mean major economies taking a negative view of the market. Around 7% expect the US, UK and EU to remain neutral.
The move to increased regulation is seen as positive by 78% of the professional investors questioned with 28% seeing it as a strong positive for the development of the sector.
Anatoly Crachilov, CEO and Co-Founder of Nickel Digital commented: “Increased regulation is a central piece to the growing acceptance of digital assets by professional investors. Market participants regard regulatory clarity as a prerequisite for wider institutional adoption.”
- Nickel Digital commissioned the market research company Pureprofile to interview 95 wealth managers and 105 institutional investors across the US, UK, Germany, Israel, Switzerland, UAE and Brazil in August 2022.
About Nickel Digital Asset Management
Nickel Digital Asset Management (www.nickel.digital) is a London-based FCA authorised and CFTC registered investment manager that offers a range of digital asset strategy solutions for institutional investors. Its mission is to provide a gateway for traditional investors into the digital assets market across a broad range of risk profiles.
The firm runs a range of systematic strategies dedicated to the digital assets market, including market-neutral arbitrage and multi-strategy funds. It has also developed a range if directional solutions, aiming to capture structural expansion of digital assets market.
Nickel is led by a senior team of traders and investment professionals of experience gained in major Wall Street banks, such as Bankers Trust, Goldman Sachs, JPMorgan, Morgan Stanley, BofA Merrill Lynch, Rothschild, and Credit Suisse, as well as global hedge funds, including DE Shaw and Cheyne Capital.
Risk management is the core of Nickel’s approach to investment management. This was evidenced in March 2020, May 2021 when Nickel preserved the value of investor capital and delivered positive return at the time of market implosion. Nickel was named by Opalesque, the hedge fund advisory firm, as being amongst the top 2% of global asset managers “who delivered during the meltdown“.
Nickel Digital has won a number of industry awards since its inception.
Among others, there are HFM EuroHedge Emerging Manager Awards (2020), HFM Quant PerformanceAward (2021), Best 12-Month Risk-Adjusted Performance by Hedgeweek Digital Asset Awards (2022), and Best Digital Asset Manager Europe 2022 by PAN Finance (2022).
Nickel Digital Asset Management Ltd is authorised and regulated by the UK’s Financial Conduct Authority (“FCA”), registered with the Commodity Futures Trading Commission (“CFTC”) and is a member of National Futures Association (“NFA”)