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Thomson Reuters survey: one out of five companies considers crypto trading


Thomson Reuters, the owner of Reuters News, has prepared a new research regarding the actual desire of financial institutions to trade cryptocurrency. The most notable conclusion: ⅕ of interviewed corporations consider trading digital currencies within the next 12 months.

The vast majority of those respondents who have this intention (70% of potential traders) plan the first trades to be initiated in the next 3-6 months. In other words, out of 80 companies which plan to trade crypto, 56 of them will be seen in the news already between the first and the second half of 2018. This will undoubtedly make the market atmosphere better than it was during the first quarter which some observers have compared to a cold winter.

Four hundred companies all over the world has been asked, including banks and asset management organizations. The survey results partly correspond with the trend demonstrated by Citrix in February 2018: according to that review of the United Kingdom market sentiment, approximately 375 of 700 interviewed British companies possess cryptocurrency sums.

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