According to a recent survey by Xangle, 47% of accredited investors are very likely to invest in DeFi.
This is a survey carried out between January 18th and 28th, 2021 on a sample of 379 accredited investors, with the aim of better understanding their perspectives on crypto investments.
This survey found that accredited investors are not only gaining exposure to bitcoin and other cryptocurrencies, but also that they want to expand their portfolios to include DeFi products.
Other key findings include that 87% say they are familiar with bitcoin, and 70% have already invested in it. However, 63% say they have only developed a positive perception of cryptocurrencies in the last year.
Furthermore, 63% say they plan to invest in bitcoin in 2021 too, with 28% planning to invest more than $500,000.
Bitcoin remains the top choice, with as many as 31.7% of accredited investors surveyed choosing it as their main investment, followed by blue-chip stocks at 29%.
Investments in DeFi
However, 66% said they were also familiar with DeFi, with 72% saying they would most likely invest in it.
Xangle also found that the economic recession of 2020 not only did not deter investors, but allowed them to take advantage of low prices, even prompting them to invest more than during the pre-Covid period.
Among the limitations and obstacles holding back investments in cryptocurrencies, they listed a lack of protection from regulators, scams and a lack of awareness and education in the industry.
Xangle co-founder Lihan Lee said:
“The survey findings confirmed our belief that accredited investors are very excited about investing in crypto assets but they are being held back due to a lack of regulator protection, scams, and a lack of awareness and education around the industry. It’s extremely critical for the industry as a whole to step up and provide this new wave of investors with everything they need to ensure they have a positive experience and continue to invest”.