Scott Kupor of A16Z talks about How Institutional investors should think about crypto. Laying out the following
- Institutions should think of crypto as a subset of VC, like fintech, AI, and so-on.
- Liquid ( meant listed on an exchange ) tokens are akin to public stocks, and looking for a outside manager follows the same mental model as hiring an active manager for public equities exposure
- Regulatory and consumer protection considerations still exist.
Source : Scott Kupor A16Z blog
Pierre Rochard of the Noded Podcast and BitcoinAdvisory.com lays out the following
- Bitcoin and pre-mined public tokens are non-performing assets, and are used as currencies.
- Speculating on currencies is not investment
- Institutions should consider exposure to Bitcoin as broad exposure to crypto as markets are highly correlated.
- “Institutional investors should figure out their speculative allocation to bitcoins as a growth currency separately from figuring out their investment allocation to venture funds. These allocations are backed by very different value accrual theses and face different risks”
Source : Pierre Rochard Medium