What Will Move Crypto Into the Institutional Realm?

This is clearly a new "Mainstreaming" of crypto to the masses, but a growing number of major banks, hedge funds and family offices are also turning to digital assets to build out their traditional investment portfolios.

According to a Fidelity survey in May, 47% of institutional investors have an "Overwhelmingly favorable" opinion of digital assets.

The Fidelity study showed that "Institutional investors are finding appeal in digital assets and many are looking to invest more in digital assets over the next five years," but institutional investment into cryptocurrency can be tricky - especially when it comes to security.

Leaving your crypto on an exchange is an example of hot wallet storage.

These are typically in USB format and can be temporarily "Hot" in that they can be connected to the internet to facilitate a crypto exchange, but primarily remain offline and disconnected with assets fully isolated and inaccessible to hackers.

While USB-based hardware wallets are undeniably the best way for individuals holding cryptocurrency to protect their investment, they're not practically viable for enterprises handling millions of dollars' worth of crypto.

In the early stages of institutional investing, asset managers would find themselves securing massive amounts of wealth on hardware wallets with no convenient and efficient way to implement a meaningful segregation of duty.

The most secure way to manage crypto assets is through an end-to-end, multi-authorization governance infrastructure.

Skalkotos has more than 15 years of experience in financial services and is leading Ledger into the new frontier of digital asset institutional investment and the novel security methods pushing it forward.

Ledger, the world's leading cryptocurrency security company, has sold over 1.6 million hawadware wallets to secure investor assets.