The popularity of decentralized finance played an integral role in the launch of MetaMask Institutional as companies looked to safely enter the space.
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The popularity of decentralized finance played an integral role in the launch of MetaMask Institutional as companies looked to safely enter the space.
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Institutional appetite for Ethereum will grow now that the network is ESG compliant, according to the BitMEX boss.
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Kareem Sadek and Kunal Bhasin said the team had seen “a lot of momentum” around the tokenization of assets but was also considering the potential growth of NFTs and the Metaverse.
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The DeFi industry must address scalability, liquidity and gas issues before serving more users, said Eric Chen, CEO and co-founder of Injective Labs.
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Nearly $14 million has been returned to BTC institutional funds over the past week, but Ethereum-based products are still seeing major outflows.
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The recent purchasing behavior of institutional investors contrasts with that in 2020 and earlier, when “institutions exclusively favored altcoins that were at least four years old, such as Ether and Litecoin.”
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