安永&Coinbase：2025年机构投资者数字资产调查报告：成熟市场中的配置增量（英文版）（34页）.pdf

1、IncreasingAllocationsinaMaturingMarket2025InstitutionalInvestorDigitalAssetsSurveyContentsClick chapter to navigateSurvey methodologyKey takeawaysMarket outlookInvestment use casesDeFi,stablecoins and utilityConclusionDemographicsContactsSurvey methodologyBackground and methodologyWhat we didTo bett

2、er understand how institutional investors think about digital assets(including sentiment,allocations,future expectations,tokenization,and payments),Coinbase,in collaboration with EY-Parthenon practice,conducted a survey of 352 institutional investors.We surveyed only decision-makers(e.g.,COO,CEO,Hea

3、d of Transformation)with a mix of respondents who have/are currently invested in digital assets(e.g.,crypto,stablecoins)and digital asset products(e.g.,funds,trusts,derivatives),and those who have neverinvested.Survey datesJanuary 13,2025January 24,2025AudienceFindings are based on a survey of N=352

4、 institutional investors with influence over allocation decisions,prioritizing firms with$1b AUM.Survey was focused on US(62%of respondents)and Europe(28%in UK/EU),with some representation from rest of world(“ROW,”10%in APAC,LatAm,Africa).Respondents are currently invested,previously invested,or pla

5、nning toinvest in digital assets or digital asset-related products in the next12months.Sample compositionAUM52%$1b$50b14%$1T11%$501b$1T18%$51b$500bFirm Types32%Asset manager22%Hedge fund20%Private Bank andVC fund18%Asset owner110%Family office1.Asset Owner(e.g.,Pension,Endowment,Foundation,etc.)2.In

6、itial set of qualification questions,N=4033.Please note that due to rounding,some figured may not add up to 100%Source:Coinbase&EY-Parthenon Institutional Investor Digital Assets Survey,Jan 2025Table of contentsPage3Introduction ofReportEnthusiasm grows for digital assets as increased utility expand