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  • Blockchain Timeline

75% of Canada's institutions owned crypto assets in 2023

A survey by KPMG consulting group found 75% of responders were holding crypto assets in 2023 compared to 29% back in 2021.


The survey found 58% of responders had exposure to crypto-related equites compared to 36% tow years ago. Responders include hedge funds, family offices, pension funds, private equity and venture capital firms in Canada.


While most of Canada's institutions have exposure to crypto assets themselves, the survey found just 14% are willing to offer financial advice to their clients about crypto, compared to 42% in 2021.

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