Binance Report: Only 7% of Crypto is Owned By Institutions

Binance Report: Only 7% of Crypto is Owned By Institutions

A new report published by Binance Research, the market analysis branch of the world’s largest cryptocurrency exchange by volume, alleges that less than seven percent of all cryptocurrencies are in possession of institutional investors. The anticipation of an influx of institutional capital into the cryptocurrency space has long been slated as a possible catalyst for upward price movements.