Brokerage Firm Bernstein Says Institutional Adoption of Crypto Ongoing Despite the Crypto Winter

Private market investors continue to look for opportunities in the space, โ€œalbeit being way more valuation sensitive,โ€ the report said. Therefore, โ€œcrypto convertsโ€ remain active in the sector, but those investors who were ambivalent about digital assets in late 2021 have delayed their plans.

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