Analysts predict Bitcoin could reach $100,000, further fueling global investor optimism and interest in digital assets.

This growing confidence is attributed to enhanced regulatory clarity, with 75% of respondents acknowledging improvements, while 30% still view regulatory clarity as a barrier.

Investors are optimistic about a bullish sentiment in the crypto market over the next year, driven by reduced regulatory risks and geopolitical stability.

Despite this optimism, security and custody concerns remain paramount, with 45% of investors citing these as major barriers to adoption.

A recent survey by Sygnum Future Finance reveals that 57% of institutional investors in Singapore intend to boost their long-term crypto allocations, outpacing the global average of 47%.

The survey indicates a shift in perceived barriers, as security and custody issues have become the primary hurdles for institutional crypto adoption.

Interest in stablecoins and non-fungible tokens (NFTs) is particularly strong in Singapore, bolstered by a newly established regulatory framework.

In contrast, interest in decentralized finance (DeFi) has diminished due to ongoing security breaches, which have resulted in over $2.1 billion in losses.

Tokenized assets are gaining traction, indicating crypto's growing influence on traditional sectors, with mutual funds and corporate bonds seen as having the highest tokenization potential.

Gerald Goh, CEO of Sygnum APAC, noted that 2024 has brought positive developments, including the US SEC's approval of Bitcoin ETFs, which is expected to accelerate institutional adoption.

The survey included insights from over 400 institutional and professional investors across 27 countries, highlighting a significant shift in investment strategies towards crypto.

Singapore is positioning itself as a leading hub for digital assets, with initiatives like Project Guardian aimed at facilitating asset tokenization.