Tuesday, March 31, 2020

SharesPost Crypto Survey: Investors Remain Bullish About Cryptocurrency and Blockchain Technology

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SAN FRANCISCO–(BUSINESS WIRE)–Consumers and investors remain bullish about the long-term prospects of
cryptocurrency and Blockchain, despite the precipitous decline in values
over the past year, according to SharesPost’s
Third Cryptocurrency Survey
.

Investors have recently become more optimistic about near-term
cryptocurrency trends, with a majority planning to increase their
holdings, according to SharesPost’s survey of more than 1,000 consumers,
accredited investors and institutional investors in the first two months
of 2019.

More than 30 percent of investors surveyed said they owned at least
$25,000 in Bitcoin, and 20 percent reported owning a similar amount of
Ethereum.

The crypto winter is not over, but the latest survey data indicate
there is a thaw in sentiment and growing bullishness about the future of
cryptocurrencies and blockchain technology,” said SharesPost Research
Analyst Alejandro Ortiz.

Among the other key findings from the survey:

  • Bitcoin, Ethereum and XRP remain the most popular crypto holdings. Investors
    and consumers overwhelmingly picked Bitcoin as the top currency they
    own, followed by Ethereum, XRP and Stellar. Positive investor
    sentiment for Bitcoin grew to more than 80 percent. XRP remains
    investors’ preferred choice over Litecoin and Bitcoin Cash.
  • Investors and consumers expect more regulatory clarity. Forty-three
    percent of investors expect regulations governing cryptocurrencies to
    improve looking ahead. Nearly 75 percent of those surveyed expect
    greater clarity from regulators regarding cryptocurrency.
  • The number of companies implementing blockchain technology remains
    steady.
    Thirty-nine percent of investors and 46 percent of
    consumers expect their employers will implement blockchain
    technologies sometime in the future. 2025 is the year most investors
    and consumers expect widespread adoption of cryptocurrencies and
    blockchain technology.

To view all of SharesPost’s recent research reports and insights, click
here.

About SharesPost, Inc.

SharesPost is a FINRA-registered broker-dealer, SEC-registered
Alternative Trading System (ATS) and Registered Investment Advisor.
SharesPost helped launch the secondary market for private tech companies
in 2009 and has built the leading platform for secondary transactions
and digital securities. SharesPost provides the private tech asset class
with a suite of trading and lending solutions to facilitate shareholder
and option holder liquidity. With nearly $5 billion in secondary market
transactions in the shares of more than 250 leading technology
companies, SharesPost provides the trading, research and online tools to
transact in the private market with confidence. SharesPost has trading
operations with licensed brokers in San Francisco, Menlo Park, and New
York City. For more information, visit sharespost.com.

Any securities offered are offered by SharesPost Financial Corporation,
a member of FINRA/SIPC. SharesPost Financial Corporation and SP
Investments Management are wholly owned subsidiaries of SharesPost Inc.
Certain affiliates of these entities may act as principals in such
transactions.

Investing in private company securities is appropriate only for those
investors who can tolerate a high degree of risk and do not require a
liquid investment.

Cautionary Note Regarding Forward-Looking Statements

The matters described herein contain forward-looking statements. These
statements include, but are not limited to, statements about research on
late-stage, venture-backed companies. SharesPost cautions that these
statements are not guarantees of future performance. Actual results may
differ materially from those expressed or implied in the forward-looking
statements. Forward-looking statements involve a number of risks,
uncertainties or other factors beyond SharesPost’s control. SharesPost
undertakes no obligation to release any revisions to any forward-looking
statements.

Contacts

Greg Berardi, Blue
Marlin Partners

greg@bluemarlinpartners.com,
415.239.7826

(c)2018 Business Wire Inc., All rights reserved.
Original Release: Business Wire

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