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here assets Keeping institutions warm in encryption winter

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Gherardo Fiorenzo
Gherardo Fiorenzo is an Italian author with a unique perspective shaped by his experiences in Italy and the US. His thought-provoking articles, short stories, and reviews explore the intersections of language, identity, and culture.

Institutional portfolio data shows any assets They are stocked by major cryptocurrency institutions.

Data provided by CryptoRank shows that major institutions have clear preference for US dollar (USDC) stablecoin with Tether (USDT) is the only one one This is relevant but accounts for much smaller amount of collectibles.

Of the 10 major cryptocurrency institutions considered, Hashkey is the only one that holds USDT exclusively.

encryption death It was greatly exaggerated

The other four institutions that held USDT are Falconx, Fibig Capital, Spark and LedgerPrime all also USDT contract.

everyone of Those with the exception of Ledger Prime held up considerably more USDC from USDT. The remaining five institutions – Genesis Trading, Bitscale, Dragonfly, CMS and Infinity Ventures Crypto – did not hold USDT at all. in totalinstitutions in Question held $177 million of USDC and just over $13 million of USDT.

last leading asset was ethereum (ETH), with Genesis Trading alone holds 119,000 ETH worth Almost 200 million dollars of at press time, followed by Flaconx with $21.6 million and Hashkey with $3 million worth of raised.

Other than the above stablecoin And ethereum, it wasn’t much in common between governors of institutions in a question.

Genesis Trading Corporation took the third place in the first place asset – after Ethereum and USDC – it has held up quite well over $7 million worth in her wallets. that asset who appears in The multiple institutional portfolios are The Graph (GRT), a web 3.0 Infrastructure Provider token It is being held by both Genesis and Spark.

last asset It is maintained by multiple institutions is Lido DAO (LDO) – and token of Ethereum liquid storage solution – co-owned by Falconx and Bitscale Capital. Another example is decentralized finance protocol DyDx (DYDX) maintained by Hashkey and CMS.

nothing else asset He plays a major role in more from one of Enterprise portfolios.

the findings follow Explanation of modern analysis how Institutional investors playing increasingly centralized role in cryptocurrency market.

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