Australia’s corporate crypto portfolios diversify beyond Bitcoin
Local institutions are far less Bitcoin-heavy than their global counterparts, according to trading platform Kraken, demonstrating favour for those digital assets that support real economic activity. While Bitcoin remains the dominant asset for most institutional investors globally, Kraken’s data indicates Australian corporates are building more diversified portfolios with a strong emphasis on utility, yield and network functionality. The anonymised and aggregated analysis of Australian corporate...
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