While the high-net-worth and family offices might be willing to make a crypto venture, pension funds, endowments and foundations "are the furthest away from making substantial allocations to this space." (Photo: Shutterstock)
Cryptocurrency companies would like to expand their reach into institutional portfolios—endowments and pension funds—but right now there's "only downside risk in cryptocurrency."
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Marlene Satter
Marlene Y. Satter has worked in and written about the financial industry for decades.
