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In October 2018, financial services giant Morgan Stanley went as far as releasing a report that labelled cryptocurrencies as a new institutional investment class.
As Pompliano suggested in his response to Cointelegraph, time will be the ultimate test for institutional investors becoming more willing to invest in the crypto space.
These first few steps are perhaps the most important then, as a select few institutions blaze the trail and invest a small, but important amount of capital in a sector that has the potential to grow exponentially.
