Ey-Parthenon和Coinbase在其2025年加密计划中调查了350个机构投资者

Ey-Parthenon和Coinbase在2025年1月在全球350多家机构投资者进行了调查。

Early in 2025, investors are looking to expand their presence in the digital assets landscape.

2025年初，投资者希望扩大他们在数字资产环境中的存在。

A new survey by EY-Parthenon and Coinbase, conducted in January of 2025, polled more than 350 institutional investors across major markets.

Ey-Parthenon和Coinbase于2025年1月进行的一项新调查对主要市场的350多家机构投资者进行了调查。

While regulatory clarity will loom large over developments in the digital assets landscape—investors in the survey called it the #1 catalyst for growth—the survey illustrated underlying enthusiasm and an appetite for innovation that will drive the market forward. Both institutional and retail investors are seeking new crypto-powered products and services to generate yield, provide access to credit and lending services, conduct cross-border payments, instantly clear transactions and grow long-term wealth.

尽管监管清晰度将在数字资产景观中的发展（调查中的投资者称为增长的第一个催化剂）中，但调查表明了基本的热情和对创新的需求，这将推动市场前进。机构和零售投资者都在寻求新的加密产品和服务，以产生收益率，提供信贷和贷款服务，进行跨境支付，立即明确的交易并增加长期财富。

As the ecosystem matures and continues to take shape, we will see traditional finance (TradFi) firms leverage decades of experience and reputations to securely offer new investment vehicles and products to clients. A friendlier regulatory backdrop will enable digital natives to innovate more quickly, pushing decentralized finance use cases forward by catering to both progressive clients and a new generation of financial customers.

随着生态系统的成熟并继续形成，我们将看到传统的金融（TradFi）公司利用数十年的经验和声誉来安全地为客户提供新的投资工具和产品。更友好的监管背景将使数字本地人能够更快地创新，从而通过迎合进步客户和新一代财务客户来推动分散的财务用例。

Investors want more digital assets and more options

投资者需要更多的数字资产和更多选择

Of investors surveyed, 87% plan to increase overall allocations to crypto in 2025, spanning a variety of options such as exchange-traded products (ETPs), investments in digital asset companies, stablecoins, futures and thematic mutual funds.

在接受调查的投资者中，有87％的人计划在2025年增加对加密货币的总体分配，涵盖了各种选择，例如交易所交易产品（ETP），数字资产公司，Stablecoins，Futures，Futures和Thematic Cumatic Cunds的投资。

While many said they prefer to get their exposure to crypto through registered vehicles such as ETPs, there’s also interest in expanding custody services to offer and hold spot crypto directly. Per the survey, 55% hold spot crypto through ETPs, with 69% of those who plan to own spot crypto planning to do so using registered vehicles. Earlier in 2024, some of the bitcoin ETPs became the fastest growing ETPs across a spectrum of altcoins, including solana (SOL) and ripple (XRP).

尽管许多人说他们更喜欢通过ETP等注册车辆接触加密货币，但也有兴趣扩大监护权服务以直接提供和持有现场加密货币。根据调查，有55％的人通过ETP持有现场加密货币，其中有69％的人计划使用注册车辆计划使用Spot Crypto计划这样做。在2024年初，一些比特币ETP成为跨山币（包括Solana（Sol）和Ripple（XRP））中增长最快的ETP。

New innovation with stablecoins and tokenization

新的创新与稳定剂和令牌化

Coming out of 2024, institutional investors are looking to opportunities to power new payment platforms and enjoy rewards through staking and yield generation. Eighty-four percent of investors surveyed said they are using or plan to use stablecoins, with Tether (USDT) and USD Coin (USDC) being the top two preferred coins. Stablecoins promise to make clearing instantaneous, modernizing and reducing risk in foreign currency exchange, cash management and a host of other use cases.

在2024年，机构投资者正在寻求机会为新的支付平台提供动力，并通过积分和产生产生享受奖励。被调查的投资者中有84％表示，他们正在使用或计划使用Stablecoins，而Tether（USDT）和USD Coin（USDC）是前两枚首选硬币。 Stablecoins承诺将清除瞬时，现代化和降低外币兑换，现金管理和许多其他用例的风险。

Tokenization will further promise to democratize access to investment options for the retail investor and provide new sources of capital for institutions. More than half of investors surveyed plan on investing in tokenized assets. The ability to diversify investments with a greater level of precision and lower minimums will bring greater opportunities and improve risk management. At the top of investors' wish list for tokenization are alternative assets such as real estate, private equity, private credit and even commodities such as gold and oil. These are investments typically reserved for institutions or ultra high net worth clients, which through tokenization can be available to new retail investors.

代币化将进一步有望使散户投资者获得投资选择的访问权限，并为机构提供新的资本来源。超过一半的投资者调查了投资令牌资产的计划。以更高的精度和较低的最低限度多样化投资的能力将带来更大的机会并改善风险管理。在投资者的愿望清单中，替代资产是房地产，私募股权，私人信贷，甚至是黄金和石油等商品。这些是通常用于机构或超高净值客户的投资，新零售投资者可以通过代币化。

Innovation has always driven Wall Street forward. There is an expectation from investors that digital assets will not only move into the sphere of mainstream customer experience, but also provide new opportunities to participate in a growing decentralized financial system. Anchored with the backdrop of a friendlier regulatory stance on crypto in the U.S., investors globally expect new products and services to accelerate a renaissance in digital assets.

创新始终使华尔街向前发展。投资者期望数字资产不仅会进入主流客户体验的领域，而且还提供了参与不断增长的分散金融体系的新机会。投资者以友好的监管立场为背景，全球投资者期望新产品和服务能够加速数字资产的文艺复兴。